Investment Markets Overview — W/E 10th February 2017

“65 years”…. Is currently the official retirement age for the UK, despite many of the fairer gender understandably feeling they were mugged by law-makers as to just when they can expect their state pension entitlement, due to a phased change to an equalisation age with men. It is also the new record set by the Queen, who this week became the first British monarch to reach a Blue Sapphire Jubilee, 65 years since she ascended the throne. A marvellous accomplishment indeed, albeit that on a global basis there is more work to do, when noting that Louis XIV of France reigned for 72 years and King Bhumipol of Thailand, who died last year after a 70-year reign, are among other monarchs’ who reached Platinum Jubilees. 1952 is also the year when the “Nationwide,” Britain’s largest building society, a financial institution owned by its members as a mutual organisation and which offer banking and other financial services, especially savings and mortgage lending, commenced the monthly recording of average UK house prices. For the record, the average price at the year-end 1952 was £1891 versus the year-end 2016 £205,240, with the “average” having a fairly wide range with London as the most expensive, at £473,000, with the lowest being within the North of England, at £124,300.

Global house prices, including the UK, the rentals commanded for them and affordability of either buying or renting them, were in the news this week, hence the inclusion of comment, observations and interesting charts on this subject within this overview:

10-feb-2017

Subscribe to the Full Investment Markets Overview Newsletter which contains the following:-

Additional Commentaries:
•US economic data . . .
•Euro-Zone . . .
•The UK . . .
•Out East . . .
•The $US index . . .
•Within the commodities complex . . .
•Economic data due next week includes . . .

  Continuing with this week’s housing theme, the UK government unveiled a white paper, entitled “Fixing our broken housing market”, admitting that England’s housing market is broken and promised  ……

Charts:
1.  Indices Weekly
2. Manhattan Luxury House Sale Price V  Manhattan Luxury Rental Price
3. UK Ave House Price V UK FTSE All Share Stock index
4. HK House Price Index V HK Credit Growth
5. Commodities Weekly

Table:

13 Indices, 11 columns of detailed information, for accurate analysis

                   “And Then There Is China” 

Click Here to view Details of the full version of this Newsletter which includes full text and detailed

 

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