The good (FirstGroup), the bad (Dignity) and the workable (Quilter)
By Chris Bailey | Wednesday 11 March 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It has already been quite a morning as it is not every Wednesday when you get a pre market opening Bank of England interest rate cut (and a bunch of countercyclical capital buffett and Term Funding Scheme with additional incentives for SMEs measures). And there was I thinking that the new chancellor's budget was going to be the big focus... Naturally - as with the surprise Federal Reserve interest rate cut of last week - the capital markets do not really know what to think. These certainly are strange times...and I do wonder more and more if the 2020s are turning into a 1970s-style super volatile capital markets backdrop which is not without return opportunities...but they come with a thick slab of risk too. And that is all about risk... Anyhow...back to stocks...
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.