The Lemon Fool

Evening All.

There are a number of threads on the site dealing with the UK mini-budget, today's US market etc. I won't duplicate those here. However, the specific market reactions have been more varied (and polarised) than I would have thought - both sources below the FT.

The following represents my pseudo-HYP, including expected upcoming purchases (BP., SSE, SGE).



Quite heavily affected as you might expect. Conversely, the following represents the family holdings in ISAs, JISAs and SIPP's.



A very different set of behaviours - a response you might almost call "good".

The two lists together - a far greater difference in behaviours than I expected

Regards, Newroad

A lot depends on currency of assets. E.g. S&P down 1.7% today in stupid dollars. but in glorious sterling, its up by about 2%. Back of the net!

I bought a chunk of boring old USD corporate bonds this morning (just before Kwasi). Up 2.5% despite, in reality, probably dropping a bit.

Indeed NotSure.

Strong dollar (and after the mini-budget, weaker sterling) is certainly part of it.

But even, say, VWRL was only around 60% US assets when I last checked. And those figures are quite different: a mean of around -2.5% for the first group and a mean of +0.4% for the second.

Regards, Newroad