UK 22:32 Friday, 18 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
Many stock pickers say something along the line of ‘I spend ten minutes a week looking at macroeconomic matters … and nine of those are wasted’. Even as a complete investment geek, I would agree there is some truth in that. But the reason why I spend about 25% of my time on macro matters is that it helps improve your batting average as a stock picker. Your focus should be bottom-up orientated but regularly doing some top-down stuff is helpful…especially to avoid being in deep panic mode re inflation, interest rates, government policy shifts or geopolitical matters. After all, the whole point of the ‘fear and greed index’ is that you are doing the opposite of the norm at extremity moments. And talking about the norm, how is life going one at one of everybody’s (but not mine) favourite website Rightmove (RMV)…?
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