The Old Man’s Views

Markets and Politics

By Tony Westfallen / 06 Jun 2024

It’s got to be about politics this week, as the markets have been quite boring! But, before that… There are a lot more stories than movement in our markets, so where are we?
The post Markets and Politics first appeared on JP Fund Services.
The post Markets and Politics appeared first on JP Fund Services.

Is It That Time of Year Again?

By Tony Westfallen / 30 May 2024

I’ve spent the past week in the UK, and it’s been quite an interesting time with the announcement of a snap election by the unelected Prime Minister, Rishi Sunak. The media is buzzing with political promises—or lies, depending on your perspective—that seem more absurd than ever before…
The post Is It That Time of Year Again? first appeared on JP Fund Services.
The post Is It That Time of Year Again? appeared first on JP Fund Services.

Commodity warning. Let’s keep things in perspective, if we can

By Tony Westfallen / 23 May 2024

Following up on my last few reports, we can see that commodities are finally experiencing a revival and gaining some attention from investors who typically avoid the intricate and unpredictable world of consumables.
The post Commodity warning. Let’s keep things in perspective, if we can first appeared on JP Fund Services.
The post Commodity warning. Let’s keep things in perspective, if we can appeared first on JP Fund Services.

The Old Man and the Markets

By Tony Westfallen / 17 May 2024

Since the beginning of this year (see my report on January 18th), in addition to Gold, I have also suggested that people look into commodity markets, specifically copper, aluminium, corn, wheat, and Natural Gas, and consider buying these products on any further weakness.
The post The Old Man and the Markets first appeared on JP Fund Services.
The post The Old Man and the Markets appeared first on JP Fund Services.

Great News: Unemployment in the UK is rising, and salary growth is declining 

By Tony Westfallen / 16 May 2024

That means savers will get a lower return on their money because the BOE can lower interest rates. How some perceive this as “good news” is beyond me, but this is how many commentators present the situation.
The post Great News: Unemployment in the UK is rising, and salary growth is declining  first appeared on JP Fund Services.
The post Great News: Unemployment in the UK is rising, and salary growth is declining  appeared first on JP Fund Services.

In God we Trust, but will the wheels come off the EU trolley?

By Tony Westfallen / 09 May 2024

A quick scan of the financial news Monday morning suggests that Gold is the only commodity to own, cash is King, along with shares in Apple, and the EU is doomed unless the majority of increasingly poor Europeans start spending money.
The post In God we Trust, but will the wheels come off the EU trolley? first appeared on JP Fund Services.
The post In God we Trust, but will the wheels come off the EU trolley? appeared first on JP Fund Services.

Time to stop cheering the wrong people! You can’t trust anyone!

By Tony Westfallen / 02 May 2024

This week, I aimed to delve into the potential risks posed by Black Rock and examining how they’ve reshaped the narrative surrounding Bitcoin, ultimately leveraging their financial and political clout to potentially impact the industry detrimentally.
The post Time to stop cheering the wrong people! You can’t trust anyone! first appeared on JP Fund Services.
The post Time to stop cheering the wrong people! You can’t trust anyone! appeared first on JP Fund Services.

Beware the Social Media Mirage

By Tony Westfallen / 25 Apr 2024

Beware the Social Media Mirage: Navigating Capital Markets Amidst the Influencer Deluge: In the age of the internet, information flows like a mighty river, but amidst its torrents lie treacherous currents. Nowhere is this truer than in the realm of capital markets…
The post Beware the Social Media Mirage first appeared on JP Fund Services.
The post Beware the Social Media Mirage appeared first on JP Fund Services.

What on Earth is Normal?

By Tony Westfallen / 18 Apr 2024

“Normal” is a massive word that means very little. I hear people talking about a return to normal levels of inflation, but when I was a young guy, the normal rate of inflation was around 10%. So, when people today talk about inflation getting back to normal, do they mean 10% or 2%?
The post What on Earth is Normal? first appeared on JP Fund Services.
The post What on Earth is Normal? appeared first on JP Fund Services.

Let Them Eat Cake!

By Tony Westfallen / 11 Apr 2024

As much as we want to see Central Banks reduce interest rates until they are back below 2%, it’s a massive ask in the current economic environment. Our natural optimism and love of history repeating…
The post Let Them Eat Cake! first appeared on JP Fund Services.
The post Let Them Eat Cake! appeared first on JP Fund Services.