End of a Turbulent Week in Politics and on the Markets
It’s Friday and it has been a tumultuous week.
Shares recovered from last week’s fall on hopes that the Trump-China trade dispute will be settled soon.
Economies of China and India are slowing and property sectors look to be over geared. Could this cause another banking crisis?
Boris Johnson prorogued Parliament causing a storm of protests with people taking to the streets and court cases started to block him.
Two surveys come out this week which show that consumer confidence and business confidence are both falling.
Consumer spending and borrowing are also down.
The nationwide building society reports that property is barely growing at the moment.
Economic signs are not looking good so it’s not the time to be taken on a huge risky commitment went in the shop in the High Street.
On the other hand, office property in the city has been snapped up despite the doom and gloom around Brexit.
If markets fall and we going to recession it will be a buyers market for businesses, property and shares.
Word of the day
The price-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of a company’s share (stock) price to the company’s earnings per share. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued.
For example, if share in xyz PLC is trading at £24 and the earnings per share for the last 12-month period is £3, then share xyz PLC has a P/E ratio of 24/3 or 8.
In other words, the buyer of the share is investing £8 for every one pound of earnings.
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