There’s a legitimate risk that there will be no US interest rate cuts by the Federal Reserve this year, warns Nigel Green   The warning from the CEO of deVere Group comes as the Federal Reserve’s primary inflation gauge, the core PCE (personal consumption expenditures) price index rises to 2.7%, above expectations of 2.6%. Core PCE inflation was 2.8%, above expectations of 2.6%. ​ Green comments: “This data represents another blow for the Federal Reserve and its battle against inflation. ​ “The latest reading from the Fed’s preferred gauge, PCE, underscores how inflation remains h ..read more

  Travel once again the star of the show for WHSmith   Adam Vettese, analyst at investment platform eToro, says: ”WHSmith is proving its durability even in these tougher times for retailers, with half-year revenues and profits both up year-on-year. “Travel has once again been the area of strength. In airports and train stations, retailers can charge a premium to a captive audience and it shows in the numbers as it pulls in more than double what the high street does. The transformation from books and magazines to a one-stop shop for all travel essentials including tech item ..read more

​   With central banks around the world signalling a path toward looser monetary policies as multi-decade high inflation cools, investors will be rushing into fixed yield opportunities before interest rates are cut, by Nigel Green ​  This is the prediction of the CEO of deVere Group, one of the world’s largest independent financial advisory and asset management companies, as the European Central Bank (ECB) appears committed to multiple interest rate cuts this year, and many experts say the Bank of England could start cutting as early as May – despite traders in the US increasingly n ..read more

  QuotedData’s James Carthew recently interviewed the two Baronesses that are part of the team fighting to fix the sector’s cost disclosures problem     0:00 – Why and how did you get involved in the campaign? 3:31 – Why is this issue important for investors? 8:18 – Is legislation the answer to resolving this issue? 14:50 – Surely the daily NAV for investment companies already takes into account the costs? 19:13– Can you explain the government’s consultation on the replacement of PRIIPs, which attracted a substantial response? 25:37 – Do you think it makes sense for legislatio ..read more

  “Is it possible to make money while you sleep? With the right use of properly designed apps, the answer is yes!” explains Jason Adler, Repocket Software Engineer.   According to gitnux, The global mobile app market is expected to grow to $407.31 billion by 2026. In the US, 8% of apps make money by being paid upfront, while globally only 3% do. Interestingly, although only 5% of app users spend money on in-app purchases, this accounts for almost half of all mobile app earnings Drawing from his experience, Jason Adler breaks down how social norms are leveraging apps t ..read more

  UK dividend payments had a positive start to 2024 according to the latest Dividend Monitor, published by global financial services company Computershare, but it warned that growth is likely to slow   UK dividends rose to £15.6bn in Q1, up 4.9% on a headline basis, boosted by one-off payments 95% of Q1 payers increased dividends or held them steady Underlying growth was slower – regular dividends (which exclude one-off specials) rose 2.0% on a constant-currency basis in line with the previous report’s forecast Only the food, drink and tobacco sector showed dividend growth among Q1 ..read more

  Mark Crouch, analyst at investment platform eToro, says: “Given Boeing’s latest safety crisis, this set of results will likely be met with at least a small sigh of relief by investors. The core loss per share of $1.13 is substantial, but much smaller than the market had feared and, crucially, it reflects the company taking the only really sensible route – namely, to slow down production in order to prioritise quality over quantity. We can see from today’s numbers just how much of a handbrake has been applied – they delivered 83 commercial aeroplanes in the first quarter of 2024, compar ..read more

  After analysing volatility, this bond fund stood out for Saltydog Investor. Douglas Chadwick explains how it invests and how it has been delivering the goods so far   Each week, before we start our in-depth analysis, I like to have a quick look at the overall performance of all the funds we monitor. I like to see how many of the sectors have gone up, how many funds have made one-week gains, and what the average return has been for all the funds. It is a very crude measure, but it does offer a feel for the overall market performance. Last week, fewer than 3% of the funds went up an ..read more

  ‘I see a ship in the harbour  I can and shall obey’    As the country goes to ruin Rishi is still obsessed with ships; small ships landing here are his biggest worry. Hell, even Suella Braverman, his former Home Secretary, who dreamed of sending them all to Rwanda doesn’t believe in the policy anymore. Of course, her reason is somewhat  different, she thinks it doesn’t go far enough.  In fact, I am of the opinion that we should offshore the racists to Rwanda and let those on the small boats stay here! As Rwanda is such a nice, safe place, I am sure they will lo ..read more

  Meta’s continued rebound hinges on engagement and ads   Sam North, analyst at investment platform eToro, says: “Meta, up over 30% year-to-date, reports their earnings after the market closes on Wednesday. Having recovered from a near 80% decline after peaking in August 2021, it has since rallied as much as 500% to new all-time highs. After such a strong resurgence, earnings will have to be good or investors will start to fall back. So, what is worth keeping an eye on? “First and foremost, analysts are eager to see if Meta can sustain its growth trajectory in user engagement across ..read more