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COOPERCITY report

Budgetary musings…

Hammond’s budget didn’t contain many changes and those that it did contain were pre-announced.  The Adam Smith Institute called it the “dullest budget in recent history”.  Harsh, but fair although bizarrely dull should not be an insult when it comes to Chancellors (and budgets). The hard hat, high vis jacket wearing, 5-2 diet, made over action man of an ex Chancellor George Osborne is very different to the Phillip Hammond version, who up to now has been dry and sorry to say, relatively boring.  Although Spreadsheet Phil’s speechwriter has […]

Warren Buffett and I think the same…. Bogle our hero…

This year’s annual Berkshire Hathaway letter from Warren Buffett published this weekend included the following comment about John Bogle, founder of Vanguard: “If a statue is ever erected to honor the person who has done the most for American investors, the hands- down choice should be Jack Bogle. For decades, Jack has urged investors to […]

RBS – still going in the wrong direction…

“We are no longer a bank with global aspirations” This is a bank all about downsizing. RBS: still in losses still wiping out capital 10 pages of clean up costs and risks from past misbehaviour (more than HSBC which is 2-3 times larger) And the momentum is in the wrong direction pre tax Loss INCREASED from £2bn […]

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

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