Global stock markets and in particular the S&P 500 index had once of the largest sell-offs in history as highlighted by the chart above. Only during the 1987 stock market crash ‘Black Monday’ did we have a steeper sell-off with the market falling on average 2.5% per day. Image source: Tastytrade
FCA acts to improve competition in the investment platforms market
‘While the market is working well for most of its consumers, the package we’ve announced today should make it less expensive and time-consuming for investors to shop around and move to the platform that best meets their needs. As part of that, we believe it is right that we restrict exit fees, so people can […]
Identity Crisis for Gold?
Gold prices hit a five year low yesterday. Many gold shares on the other hand hit decade year lows or in the case of one of the largest gold miners in the world, Barrick Gold Corp. of Canada share prices fell to levels not seen since the 1990’s! Yesterday’s sell-off can conveniently be blamed on […]