The Market Call

The Market Call gives a periodic summary of major macro events, market themes and selected UK company-specific news.

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October 26, 2023

26 October 2023 – Market Prognosticator – Pivot back to fossil fuels

Pivot back to fossil fuels

In Global Market and Macro News:
World bond market yields rising, gold price higher plus Meta reported today - hinting at global advertising headwinds

......and in UK Company News:
RSW Renishaw manufacturing bell weather stock updated - subdued demand but seeing some positive investment trends
SFE Safestyle - entering sale process
HTG Hunting - in line with recovery trajectory
UKW Greencoat UK - share buyback proposal as trend pivots back to fossil fuels

Read the accompanying blog: https://progressive-research.com/insights/pivot-back-to-fossil-fuels/

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Opinions contained in this communication represent those of PERL and/or our affiliates at the time of publication and PERL does not undertake to provide updates to any opinions or views expressed. PERL does not hold any positions in the securities mentioned in this communication, however, PERL’s directors, officers, employees, contractors and affiliates may hold a position,  and/or may perform services or solicit business from, any of the companies or related securities mentioned.

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