Daily Financial Advice from Money Morning

Investment trusts: the Saints go marching on

Baillie Gifford’s Scottish American Investment Trust prides itself on buying companies that target both income and growth.
The post Investment trusts: the Saints go marching on was first published on MoneyWeek.

Believe it or not, UK interest rates “should” be around 3% right now

Interest rates in Britain should be much higher than they are now, says John Stepek. But these are strange times – don't expect things to stay as they are.
The post Believe it or not, UK interest rates “should” be around 3% right now was first published on MoneyWeek.

Paul Tudor Jones: stockmarket could go “crazy”

Hedge fund manager Paul Tudor Jones, who predicted the October 1987 crash, believes the stockmarket will rally later this year, even in the face of tightening monetary policy.
The post Paul Tudor Jones: stockmarket could go “crazy” was first published on MoneyWeek.

GE crashes out of the Dow Jones index

General Electric's eviction from a key American stockmarket gauge is a reminder to check what’s in an index.
The post GE crashes out of the Dow Jones index was first published on MoneyWeek.