Stock

Wednesday: New Home Sales

Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 10:00 AM: New Home Sales for August from the Census Bureau. The consensus is for 665 thousand SAAR, up from 635 thousand in July.

Tax

Labour and the Green New Deal

As the Guardian has reported: Labour is poised to commit itself to one of the most radical net zero emissions targets in Europe after members voted to agree to a target of 2030. Party members voted on Tuesday at the autumn conference in Brighton to back a motion by the campaign group Labour for a Green […]

Tax

The Divided Kingdom

I am, of course, delighted by this morning’s Supreme Court decision, as my Twitter feed witnesses. But opinion is divided as YouGov have found:   It would seem that Leave Voters are Tory voters. And now the party of law and order no longer believes in the courts. Which is quite staggering. Not only do […]

Stock

Real House Prices and Price-to-Rent Ratio in July

Here is the post earlier on Case-Shiller: Case-Shiller: National House Price Index increased 3.2% year-over-year in July It has been over eleven years since the bubble peak. In the Case-Shiller release today, the seasonally adjusted National Index (SA), was reported as being 13.5% above the previous bubble peak. However, in real terms, the National index […]

Tax

Pensions can fund the Green New Deal

The FT reported yesterday that: A coalition of Danish pension funds plans to invest $50bn in clean energy projects by 2030 in an effort to galvanise support from other institutional investors to fight climate change. The Danish initiative, which is supported by Danish prime minister Mette Frederiksen, is led by PKA, a $45bn pension fund […]

Tax

The fight for democracy

I rarely write blogs in fearful anticipation. This morning I do, at least a little. The Supreme Court announces its decision on Boris Johnson’s action in proroguing parliament at 10.30. My fear is that he will win, and that possibility must exist. That would then mean that the opportunity for massive abuse existed. Given the […]

Investing

Hairy Maclary and the Fat Cat Funds

I copped an elbow to the head. “Your turn”, grumbled my sleep-deprived wife. I stumbled into the nursery, where our daughter was wailing. Cutting teeth is a tough game, and we’re right in the middle of it. Still, it allows me to catch up on my 3am iPhone reading. Last night I read the Stockspot […]

Investing

The next big thing

I like to think of myself as a ‘young mover and shaker’. Truthfully, though, the only thing about me that still moves and shakes these days is my belly (damn you ‘dad bod’!). In the same way, Nimble likes to refer to itself as a ‘fintech disruptor’. It gives Nimble a sort of … mover […]