Friday Email: 12 July 2013
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
That was a very quiet week on the corporate from so very little to comment about. Next week remains quiet and the following week the interim results season begins. Out Investors Chronicle dividends of the week have been extremely well received on the IC website and this has resulted in our week two offering which looked at Aberdeen Asset Management, Micro Focus and RPS Group being printed in the magazine this morning. We are very happy with that.
I was speaking to our chairman yesterday and he was worried. The big warning sign for him was the volatility being seen across all asset classes. So we re-iterate our cautious stance again. DividendMax members should be very very careful. Equities, will react sharply to any downturn in sentiment.
The Friday email is delivered to over 20,000 subscriber’s every week, and remains a widely read run-down of recent events and what investors can expect in the week ahead written by our chief analyst Mark Riding.
It’s included as part of the free DividendMax trial.
Read next: 05 July 2013
The market took off on Thursday as the new bank of England governor and the ECB chairman pointed to sustained low interest rates this side of the atlantic. The sell from the 6800 level on the FTSE came as it was suggested that QE would start to be reduced and eventually taken away in the US. It looks as though the US is ahead in the economic cycle and recovery is under way. It looks like the B of E and the ECB are signalling that we are some way behind that over here. Meanwhile on the corporate front, It has been the quietest week for a very long time and we can expect even less next week in the UK. Only Anite and Ocado, who do not pay a dividend reported last week.
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