Promising outlook6 Dec 2023 10:38
I like this share as it is currently protected from the daily flea market.
But as I don’t know the intentions of our new directors other than the broad mention of a target sector, I am thinking about the more general outlook atm.
With elections looming on both sides of the pond, are we beginning to see some ‘feel good’ policy manipulation developing?: Inflation under control, lower interest rate on horizon, tax cuts, subdued oil price. The cooing noises one expects at this stage from Presidents and Prime Ministers hoping to get re-elected next year. We could see a resulting string of positive economic headlines and outlooks over the coming weeks and months together with, hopefully, renewed market buoyancy, good seasonal retail sales figures (end of Jan) and perhaps a few expansion plans in the pipeline for the retail sector - In short, more favourable conditions for an RTO here!
Happy Xmas all!!
Enjoying the posts.
WB.