RE: LinkedIn post from Matt2 Aug 2024 21:48
In a week where we have probably had the single biggest change to the UK markets and listing regime in years and which is of direct relevance to THG is this really the best we can come up with !! It's great to see CityA.M. doing well but maybe somebody should just remind him of the fact that the share price ended today at 62.75p.
Days like today you just switch off and go do other things. Pop your head back in around 2.30p.m. for American markets and then periodically thereafter as you see fit and look for some bargains. After todays US Unemployment data coming in concerningly high it is a virtual certainty that you will see 1 x 0.25% cut in September, if not 2. US FED have waited too long trying to quell inflation but have got caught out with unemployment rising.
I fully expect that the last 2 days US falls and any more will be given back over the next few weeks and in any case on the run up to the next Fed decision, so I added on a few today.