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.
Last but not least for all those of you casting around to buy a suitable present for your significant other:
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!
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
British pound Sterling finds itself in the limelight and trading at its recent highs as somewhat improbably a couple of bolder market commentators have suggested the UK will benefit as a result of the disaffection with the USA and the USD at present. Those commentators have obviously not been following the commentary about UK Chancellor […]
EU Inflation Paving the way for a 25bp rate cut tomorrow, EU inflation came in at 1.9% on the back of uncertainty, lack of consumer confidence and people sitting on their cash. So overall good on inflation but a sign of less good things in the EU. As ever, the overall inflation figure had some […]
UK Employment Real life consequences of policies that fulfil Chancellor Reeves’ agenda: this time we will not dwell on the plainly evident politics of envy stuff about targeting the higher earners, stuffing the non-doms, and even deciding to double tax those wishing to pay for private education or invest in property through second homes. This […]