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03 October 2016
Is No News Good News?

Well, back from holidays - hope you all had a good time spending some of those decent profits made over the last year - nothing much has been happening since we went away - OPEC just recently announced some sort of agreement on output but historically these agreements usually come apart at the seams - we will just have to see - indices are almost where they were when we went on holiday - in the Eurozone Brexit rumbles along but the £ is trading within parameters ie Euro/Pound is trading where it was in 2013 but lower against the $ to levels not seen in the past 20 + years. What all of this means is anybodies guess - rumours of the demise of Deutsche Bank are somewhat startling - if they are in trouble what does that say about all the other banks? - stay nimble folks, these are very odd times.

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