Wake Up to Money The gold brick road
7 snips
Nov 11, 2025 Russ Mould, Investment Director at AJ Bell, shares insights on the recent surge in gold prices amid US government shutdown discussions, touching on market dynamics and FTSE performance. Nicola Downing, former CEO now chairing Tees Law, explores how US uncertainty influences UK business decisions. They dissect bank profits, shareholder returns, and the economic implications of potential manifesto changes by the Chancellor. Additionally, the return of the 'Wicked' film hints at a boost for cinema attendance during the holiday season.
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US Fiscal Clarity Moves Global Markets
- US political fiscal clarity drives global market moves because the US economy powers other markets.
- Investors cheer reduced US shutdown risk as it lowers uncertainty and boosts sentiment.
Shareholder Cash Returns Drive UK Stocks
- UK equities have attracted investors by returning large cash to shareholders via dividends and buybacks.
- That 6–7% all-in cash yield beats cash and bonds, explaining demand despite broader UK weakness.
FTSE Strength Fails To Reach Mid-Market
- FTSE gains aren't trickling down: big corporations prosper while mid and smaller firms struggle.
- That divergence stalls hiring and investment in the mid-market, hurting broader economic recovery.