Daily Financial Advice from Money Morning

Oil producers are pumping harder – but don’t expect oil prices to slide

Oil cartel Opec and Russia have decided to pump more oil. Normally, higher production means lower prices. But that’s not likely to happen this time, says John Stepek. Here’s why.
The post Oil producers are pumping harder – but don’t expect oil prices to slide was first published on MoneyWeek.

What’s so special about investment trusts – and some of their dangers

Closed-ended funds such as Investment trusts consistently outperform their open-ended counterparts. Merryn Somerset Webb explains why, and asks if they can continue doing it in the future.
The post What’s so special about investment trusts – and some of their dangers was first published on MoneyWeek.

The insurgency brands shaking the FTSE giants

It’s not just banks and media firms facing disruption – big consumer brands are in trouble, too, says Matthew Lynn.
The post The insurgency brands shaking the FTSE giants was first published on MoneyWeek.

Trump kicks off banking deregulation

America’s financial regulators are set to ease the Volcker rule. Critics say the decision will undo years of efforts to make banks less risky after the financial crisis. Simon Wilson reports.
The post Trump kicks off banking deregulation was first published on MoneyWeek.