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Pre-AGM announcements today from Redrow and Galliford Try: knock me down with a feather!

Judging by the move of most equity and bond markets over the last day or so, yesterday’s slightly lower than anticipated CPI numbers in the US excited the average investor. However, as shown by today’s UK Q3 GDP numbers, economic life remains tricky even before we talk about geopolitics, debt or crypto madness. It remains clearly an active investment world that has plenty of opportunities and threats, which is great news for boring stock pickers like me and less good news for “buy a bit of everything” passive funds.

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