Over-priced tech stocks in trouble
2022 has delivered a blunt reality check to investors. After a massive rally in 2020 and 2021, the S&P 500 is already down 10% in 2022. According to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, the worst is yet to come for investors. The...Investing in bear markets
It would be nice to anticipate when the market reaches its high point, sell everything, wait patiently for the next crash, with people panicking, and then buy everything back at the low point when the market starts to rise again with frightening force. This is what...Energy suppliers double direct debits
Direct debit payments have at least doubled for one in four energy users, research claims. British Gas and Octopus are among the firms singled out by furious customers in a survey. Energy prices went up by 54% in April, but some direct debits went up 100%. Money...Stagflation fears
Britain is facing the risk of stagflation after the Bank of England warned that surging energy prices will drive inflation to 10% by the end of the year as the economy stumbles. The pound plunged to its lowest since June 2020 as the BoE hiked borrowing costs to a...Britain’s outlook
The Bank of England has predicted another recession, double-digit inflation and half a million job losses as stagflation forces stalk the UK economy. In a dismal set of forecasts, Threadneedle Street warned Britain faces anaemic growth in the coming years as...