Friday Email: 20 January 2017
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
The past week has seen the expected correction in the markets after a very strong run with the FTSE 100 giving up just under 150 points.
Today sees Donald Trump become president with the U.S. split down the middle and four years of something different coming the worlds way. I am not particularly optimistic about what can be achieved in the U.S. by the Trump administration. What you say and what you realise always seems to be a very difficult task for politicians. I think this will also be the case with the hard Brexit, but I really hope that I am wrong. We have started to see some inflation creeping in and at this level (below 2%) it is not a worry, but the dramatic fall in the pound will lead to more and the bank of England is starting to talk about interest rates going 'either way'. In other words, they have not got a clue what is going to happen. Meanwhile, on Tuesday, the next Brexit development takes place as the Supreme Court makes its judgement as to whether the Government can use the royal prerogative to invoke article 50.
The past week has seen plenty of trading reports but very little in the way of actual results reporting and therefore few dividend declarations.
The week ahead promises more of the same, but as we move into February, the reporting season starts to take off. There are also some big single dividends to be had going ex dividend in February.
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: 13 January 2017
The FTSE 100 has continued its good form well into the new year adding another 100 points this week and testing all time highs on a daily basis. It has gone up pretty much in a straight line since the 2nd December to rise from 6730 to 7320 for a rise of 8.7%.
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