What is going on today? - Megathread

I would suggest to a considerably lesser degree than in the US.
I am not even sure value them at all.
I might add the Asian community does value them and respect them.
PS I do own a TV I just don’t pay the licence fee.
On the other hand I can’t remember the last time I turned it on!!

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Euro Area Inflation Rate drops to 5.5%.

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Invesco Ltd. launches Europe’s Cheapest FTSE All-World ETF with a 15 bps TER.

What else should you be aware of this week?

Here are some topics:
-How Cheap (or Expensive) is the Stock Market Right Now?
-What can the CIA teach investors?
-In conversation with Dr. William Sharpe
-5 steps to a minimalist portfolio
-How Ackman & Taleb Profited Billions During Market Crashes
-Value vs. Growth - The opportunity today
-Vanguard’s Retirement income calculator
-The Cities with the Best Work-Life Balance in the World
-The Difference Between Self-Employment and “Normal” Jobs

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Order restored :rofl:

Thanks :+1:

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This from the FT shows how the BoE was the only major CB to raise rates pretty much as soon as inflation went above target, so I’ve always thought the complaints about the BoE being late we’re a bit strange.

Plenty to criticise Bailey for but not that imo.

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While I’d have liked to have seen the Bank go further faster, this is a good point. A big hike would have been tricky to justify amid the Truss budget fiasco too.

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The ratio is just as important as the speed so the point in my view is still completely null and void as the result for the public is the same.

Embedded inflation of a record-breaking kind.

To use any other failed Central Bank as a benchmark is not on. Andrew bailey does not get paid 500,000 a year to look good against Jerome Powell.

LDI is a glimpse into the inevitable.

Are the graphs off today on anyone’s FT? At closing mine all have a sharp dip

Some of mine look that way…was that kinda day anyway lol

Yeah it’s like a steady decline but then boom a good line that goes half way down the screen lol

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@Kiava

USA jobs report added double the jobs over expectations.

So rates go higher in the west.

That’s why.

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Thanks smelly :slight_smile:

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Lots of fantastic reading, but also videos and podcasts this week, including the few themes below:

Bear Market Special:
:arrow_right: Surviving The Next Bear - Strategies to Profit from a market crash
:arrow_right: Fact or Fiction? Test Your Knowledge About Investing During a Recession

Inflation - Cash & Commodities:
:arrow_right: What Role Should Cash Play in Your Portfolio?
:arrow_right: Commodities diversification: Is it worthwhile?
:arrow_right: Correlations and returns: What happens if inflation remains elevated?

Factor Investing:
:arrow_right: You no longer need access through an approved advisor to access DFA’s brainpower
:arrow_right: Sources of Return - Value and profitability offer complementary exposures.
:arrow_right: Diving Into the Performance of Factors
:arrow_right: Why Value Investing Works

Big Tech:
:arrow_right: Valuing AI’s Boost to NVIDIA’s Value (A Aswath Damodaran bottom-up valuation)

Insider Trading:
:arrow_right: Watch how Congress gets rich from insider trading

Wealth Management:
:arrow_right: The Book The Financial Industry Likely Doesn’t Want You To Read
:arrow_right: The Invisible Nature Of Spending
:arrow_right: Why Do Investors Hire Their Financial Advisor?
:arrow_right: Retirement is Risker Than Ever
:arrow_right: How We Unretired & 6 things to look out for

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US inflation rate is only 3% now

Core is the important one.

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Is this why we have a wide spread rally today? Or is this just a rebound from last weeks dip?

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Essentials are still high. Things like shelter, transportation, food at home, electricity, etc. I guess Fed will probably hike interest rate at least one more time.

That Sasha YouTube is saying inflation is over as well and that the cpi index is going to crash soon.

Have I missed the dip. Mmmmmm, wish I doubled my money on buying freetrade shares and then bought into a couple of stocks I have been watching a while, now everything’s rallied

If these percentages are correct, so I think it’s premature to say inflation is over, because gas/petrol/oil are the main reasons the CPI came down, and they could spike again. Who knows.

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