This week has seen the Bank of England expanding their rescue efforts in the hope of stopping fire sales but then also announced yesterday that these measures will only run to the end of the week. Higher interest rates have been hitting the UK housing market and this means, unusually for the UK, that repaying the current 6% 5-year fixed mortgage rate will actually work out more expensive than paying rent.
The UK’s unemployment rate has fallen to its lowest since 1974 which might sound like positive news, but low unemployment also fuels inflation. So in this live stream, I will discuss what’s been happening in the UK, the problems that we face and what this means for investors.
If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here https://www.pensioncraft.com/investor...
Ramin answers YouTube supporters' questions as a priority both during his YouTube live streams and in the comments of his videos. If you would like to support Ramin on YouTube please subscribe here https://www.youtube.com/pensioncraft/...
This Is What Else PensionCraft Offers:
📰 Sign up to our free weekly market roundup to get news and views about what's going on in the stock market and wider economy https://pensioncraft.com/market-roundup/
💡 Book a Power Hour with Ramin so he can answer your questions in a one-to-one coaching session via a video call: https://pensioncraft.com/power-hour/
📖 Understand investment in more depth with my online courses https://pensioncraft.com/courses-we-o...
❓ Join our friendly community at pensioncraft.com and learn to be a better investor https://www.pensioncraft.com/investor...
Where Else You Can Find Me
🌐 Website - https://pensioncraft.com/
🎧You can check out my weekly podcast all about investing here https://many-happy-returns.captivate....
📱 Twitter - https://twitter.com/PensionCraft
👨 Facebook - https://www.facebook.com/pensioncraft/
🔗 Linkedin - https://www.linkedin.com/company/pens...
Tools I Use To Create My Videos
✔️ My primary data source is SharePad and an affiliate link for this is here https://sharescope.co.uk/pensioncraftsp (This link provides new users with a special offer and gives me a small commission)
The rest of the tools I use are free open source software:
✔️ ggplot2 package in R for my plots
✔️ RStudio to edit and run R code
✔️ OBS to record my videos and live streams
✔️ Kdenlive to edit my videos
Take A Look At Some Of My Other Videos & Playlists
📹 Investment Strategies playlist https://www.youtube.com/playlist?list...
📹 Economy & Investing playlist https://www.youtube.com/playlist?list...
📹 Behavioural Investing playlist https://www.youtube.com/playlist?list...
📹 Investing Strategies From Beginners To Advanced video https://youtu.be/IY86PS2ow74
DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
The UK’s unemployment rate has fallen to its lowest since 1974 which might sound like positive news, but low unemployment also fuels inflation. So in this live stream, I will discuss what’s been happening in the UK, the problems that we face and what this means for investors.
If you want to learn more about investing then why not become a pensioncraft.com member? To find what we offer and how you can join our friendly community click here https://www.pensioncraft.com/investor...
Ramin answers YouTube supporters' questions as a priority both during his YouTube live streams and in the comments of his videos. If you would like to support Ramin on YouTube please subscribe here https://www.youtube.com/pensioncraft/...
This Is What Else PensionCraft Offers:
📰 Sign up to our free weekly market roundup to get news and views about what's going on in the stock market and wider economy https://pensioncraft.com/market-roundup/
💡 Book a Power Hour with Ramin so he can answer your questions in a one-to-one coaching session via a video call: https://pensioncraft.com/power-hour/
📖 Understand investment in more depth with my online courses https://pensioncraft.com/courses-we-o...
❓ Join our friendly community at pensioncraft.com and learn to be a better investor https://www.pensioncraft.com/investor...
Where Else You Can Find Me
🌐 Website - https://pensioncraft.com/
🎧You can check out my weekly podcast all about investing here https://many-happy-returns.captivate....
📱 Twitter - https://twitter.com/PensionCraft
👨 Facebook - https://www.facebook.com/pensioncraft/
🔗 Linkedin - https://www.linkedin.com/company/pens...
Tools I Use To Create My Videos
✔️ My primary data source is SharePad and an affiliate link for this is here https://sharescope.co.uk/pensioncraftsp (This link provides new users with a special offer and gives me a small commission)
The rest of the tools I use are free open source software:
✔️ ggplot2 package in R for my plots
✔️ RStudio to edit and run R code
✔️ OBS to record my videos and live streams
✔️ Kdenlive to edit my videos
Take A Look At Some Of My Other Videos & Playlists
📹 Investment Strategies playlist https://www.youtube.com/playlist?list...
📹 Economy & Investing playlist https://www.youtube.com/playlist?list...
📹 Behavioural Investing playlist https://www.youtube.com/playlist?list...
📹 Investing Strategies From Beginners To Advanced video https://youtu.be/IY86PS2ow74
DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.
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Francisco Gimeno - BC Analyst Long, but hugely interesting analysis and commentaries on what s going on with the UK's economy. interesting that we don't see much in the official traditional media out from UK unless is something real bad, then is announced but not really commented. But when a podcast talks about UK's meltdown we have to watch it to check if it is more doom and gloom or good analysis. This particular video is sobering, very real. If it is not for the BOE stabilisation emergency program the economy would have already this meltdown point. And when the BOE stops this what is going to happen? The situation is not just bad, it is dire, even if some are trying to dismiss it as a glitch in the system. The decisions the UK government has to take now, and what the financial authorities reactions will do or undo the last nail of the economy's coffin. Pensions, government bonds, everything is in danger if the decisions are wrong. We are not them, though, so we can just but watch and wait, and prepare for anything as what happens in there will obviously affect the whole financial world.