To all our Clients: A Valentine Message and 3 corny jokes (sorry!)
1. Q: What did the boy octopus say to the girl octopus?
A: Can I hold your hand, hand, hand, hand, hand, hand, hand, hand, hand, hand?
2. Q: What did one snake say to the other snake?
A: Give me a little hug and a hiss, honey.
3. Knock, Knock,
Who’s there?
Olive
Olive Who?
Olive you!
Back to last week’s theme of the unintended consequences of smoking Marijuana, a smoker in search of a suitable place to fire up his bong, broke into a house in Texas earlier in the week. Upon entering the house it was only to be confronted by…a tiger. Police were called and both the smoker and the tiger were taken into custody.
An early start for SGM-FX’s very own Charles M.Porter who once again took to the airwaves on TalkRadio first thing this morning trying to make some sense out of the newspaper headlines of the day with pundit James Max.
Markets are phlegmatic in fact actually positive about global events in the past 24hrs and also Charles being on the radio.
FTSE closed at 7190 Dow at 25543. Oil WTI at $54.Â
Last but not least for all those of you casting around to buy a suitable present for your significant other:Â
Victoria’s Secret despite struggling to preserve sales is optimistically offering an embroidered kimono for $490…that is if you are concerned at looking cheap having already rejected the $350 leather bustier!Â
The SGM-FX team, even as you are reading this, are stress testing both of these pacy outfits and of course…as ever the latest Brexit developments as they unfold today in Parliament!
Happy Valentines!
Discussion and Analysis by Humphrey Percy, Chairman and Founder
Reckoning Days Despite it being less than one week until Donald Trump’s inauguration, markets are still fixated on the evolution of the UK’s bond market and its currency. The Chancellor may well have been hoping for some distracting headlines from the incoming President-elect. Unfortunately for her, those that have come from the Trump administration and […]
Markets In Reverse – Inflation to the Rescue Particularly in the case of the beleaguered GB Pound, it may be time to do away with the textbook. Instead of attracting further demand as UK yields have risen, GBP has registered one of its worst starts to a year on record. It is a narrative of […]
Germany In just 6 weeks Germany will vote and while Chancellor Scholz thinks that he can win, most others are equally convinced that he cannot based on his economic record alone that has seen the German economy contract by 0.3% in 2023 and by an estimated 0.2% in 2024. That on top of his ability […]