Overnight Libor rates for Sterling fell to 2.98 per cent, while three-month Libor continued to drop below the 4 per cent mark at 3.96 per cent.
Warren Buffett says: “Be fearful when others are greedy and be greedy when others are fearful”. In October, he put this into practice, buying US equities for his personal account and predicting that “the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up”. There are several reasons why now might be a good time to revisit the equity market.
HSBC chief economist Dennis Turner has forecast the recession will be shallower and shorter than predicted, with a recovery starting in the second half of next year.
Bank of England deputy governor Sir John Gieve considers that capital requirement changes should be central in reforms of the banking sector.
IFAs, multi-ties and single-tied advisers will all have to achieve a minimum of QCA level four or equivalent by the end of 2012.
By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]
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