2016-07-24
I’m still thinking of the impact BREXIT has had on the capital market.
After a major immediate loss of market values in London, some stocks have seen a partial rebound whereas others are still suffering.
Britain needs a Common Market with Europe, not a political union, and the European economy and its people need the same except the unelected power-hungry technocrats at the EU stand opposed. The resultant discontent in the region is a tragedy of immense proportions and will only get worse over time unless the will of the people overcomes the power of those in political control.
For now, it may pay to monitor a few of the following British companies whose stocks trade on the London Exchange:
Ryanair https://finance.yahoo.com/quote/RYA.L
Easyjet https://finance.yahoo.com/quote/EZJ.L
British Land Company https://finance.yahoo.com/quote/BLND.L
Land Securities Group https://finance.yahoo.com/quote/LAND.L
Foxtons Group https://finance.yahoo.com/quote/FOXT.L
Btw, Lessons #23 and #24 (of 120) were posted this weekend. I hope you find them instructive. In time, the links will be live to current data, and the content will be professionally edited and published in a 2016 series of free eBooks.
This weekend I also changed eleven Growth Companies in the Cara 100 US Listed Companies group and one in the Value group. I added one more in the Income group and one in the Value group and removed two more in the Growth group.
The Cara 100 list is starting to come around to what I will feel comfortable on a Quality basis to be trading for Growth, Value or Income. The list will be updated on 2016-07-26.
/Bill
