Yes, we’ve had some good numbers out of the UK and China recently but we’re still in a rather tricky situation and the US is going nowhere fast.
In this new 17 minute video, Bill Hubard, Chief Economist of Markets.com, and Heather Slowther, Capital Spreads, take a slightly longer-term view of the markets.
- GBP/USD should be going towards $1.48 rather than $1.58
- We still need to take both UK and US employment targets with a big pinch of salt
- Remarkably, it looks like investors might actually be investing in stable stocks and basing their decisions on company fundamentals
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Video content by Capital Spreads.
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Sorry, Bill is normally interesting but this one is a bit ‘waffley’.
Hint: Bill watch yourself on http://www.cleanfinancial.com/blog/stock-market-bonds-gold-and-foreign-exchange-bubbles-have-gone/. Can we have more of that please?