Breaking News
FTSE 100 Record High Comment from InterTrader’s Steve Ruffley
Once again, we wake to the news of more record highs. This time it’s in the FTSE. 9 months ago, we were warned that Brexit may knock the markets by 10%, if Trump became president maybe they may fall 20%, yet here we stand at record levels. The explanation for this is easy. The world has gone mad. Last night we saw the FED finally start the path of normalisation on rate with a hike. Predicted to be 1 of 4 but most likely 3. In traditional economic models hikes in rates send markets down. Not in the new exciting world of ‘no news is bad news for stocks’.
On the serious side investors, with a lack of alternatives (interest on cash) have forgotten stocks are a risky investment. What goes up will come down. Now the FED are making cash more attractive and people will eventually pull out risky investments and put them into cash. The UK seems to be less willing to raise rates, but they are both cyclical and inevitable. They will go up soon.
The FTSE will target 7500, that is the next psychological testing point. Although it has never seemed comfortable above 7k the trend is clearly bullish. Selling new highs is not the strategy in this new ‘stocks at any cost’ mentality.
- EXCLUSIVE: “To Boldly Go…” – Toine van Beusekom, Icon Solutions in ‘Discover Sibos 2025 Read more
- Owen Morton and the Fintech Behind Daily Payouts: A New Standard for Prop Firms Read more
- EXCLUSIVE: “Turning Back the Tide” – Maya Tuyen Reisinger, G+D and Simon Rosenberger, Parley for the Oceans in ‘The Fintech Magazine’ Read more
- DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer Read more
- Addepar’s Global Expansion Accelerates with New Switzerland Office Read more
DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer
DailyPay has appointed Poulomi Damany as its Chief Product Officer and will be responsible for unifying and optimizing their product
Addepar’s Global Expansion Accelerates with New Switzerland Office
Addepar announced the opening of its new office in Switzerland marking its latest step in their mission to connect the global investment ecosystem
Nuvei Launches First AI Integration Agent to Accelerate Client Onboarding
Nuvei announced the launch of its AI-powered Integration Agent to enable merchants and partners to connect to its global payments infrastructure in hours
Brex Announces Launch of Stablecoin Payments
Brex, the intelligent finance platform, announced the upcoming launch of native stablecoin payments
Nium Launches Global Collections to Power Cross-Border Collections for Banks
Nium announced the launch of Global Collections for banks, a new solution designed to allow banks to offer local currency receivables
Nubank Applies for U.S. National Bank Charter
Nubank has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) of the U.S
PhotonPay Partners with Thredd to Enhance Card Infrastructure
PhotonPayhas entered a strategic partnership with Thredd to strengthen the underlying issuer processing architecture
EXCLUSIVE: “To Boldly Go…” – Toine van Beusekom, Icon Solutions in ‘Discover Sibos 2025
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Owen Morton and the Fintech Behind Daily Payouts: A New Standard for Prop Firms
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Turning Back the Tide” – Maya Tuyen Reisinger, G+D and Simon Rosenberger, Parley for the Oceans in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
DailyPay Appoints Accomplished Technology and Product Leader Poulomi Damany As Chief Product Officer
DailyPay has appointed Poulomi Damany as its Chief Product Officer and will be responsible for unifying and optimizing their product
Addepar’s Global Expansion Accelerates with New Switzerland Office
Addepar announced the opening of its new office in Switzerland marking its latest step in their mission to connect the global investment ecosystem
Nuvei Launches First AI Integration Agent to Accelerate Client Onboarding
Nuvei announced the launch of its AI-powered Integration Agent to enable merchants and partners to connect to its global payments infrastructure in hours
Brex Announces Launch of Stablecoin Payments
Brex, the intelligent finance platform, announced the upcoming launch of native stablecoin payments