Investment briefing
Wind-rock
Being situated in the middle of the Irish Sea, the Isle of Man is somewhat prone to strong winds in winter. Well actually, the Island is prone to gales…most of the year round.
Investment briefing
Towards the end of January, shares in GameStop, an old-school American video games retailer, were driven higher by a cohort of (largely) young day traders looking to make a killing, armed with laptops and furlough cheques.
Investment briefing
Ricochet
Cast your minds back to 2014, when the Caribbean Island of Puerto Rico, burdened by a chronic budget deficit, spooked the US municipal bond market by passing legislation to restructure some of its enormous $73bn debt pile. US Municipal Bond ETFs reeled and wider markets were spooked, the country’s debt downgraded to ‘junk’ status.