Beacons Wealth

The Autumn Budget 🍂 Wondering how the latest Budget changes might affect you 🤔? Look no further! - Stay updated - Ease your financial planning worries - No more guessing games Dive into our easy-read article that breaks down everything you need to know. Keep your finances in check and stay one step ahead! Read more: https://lnkd.in/ewniBqVw #AutumnBudget

News update: inflation takes a side-step 📉 Last month, the FTSE 100 hopped up a neat 1.27% as inflation eased its pace. Take a deep breath; let’s break it down: 1. The Office of National Statistics (ONS) reported a drop in headline CPI from 2.2% in August to 1.7% in September. 2. Fun fact: this is the first time the CPI has officially dipped under the 2.0% goal post since 2021 🥅! 3. The major player in this game? Transport costs 🚗. Lower fuel and air fares have eased the inflation heat. 4. Core inflation also cooled off, slipping from 3.6% to 3.2%. So, with these figures to consider, could the Bank of England cut rates?🤔 Only time will tell! #Inflation Update #FTSE100 #UKBudget Pssst! Remember, while the Budget is around the corner, don’t make too many guesses about another rate cut 🤓 Read more here: (link) Note: Mind the chit chat about the US election, all eyes on the home front! 🇬🇧 #KeepItLocal

Did you know that both the S&P500 and the Dow Jones Industrial Average have hit all-time highs?🎉💰 Yup, that's right—despite the bumps on the road (including a US inflation rate that came in above predictions), these two powerhouses of finance knocked it out of the park. Here's the breakdown 📊: 🔹The S&P500 and the Dow Jones both saw increases of 1.1% and 1.2% respectively over the past week. That's a record! 🔹US inflation surprised a few folks by coming in at 2.4% instead of the 2.3% forecast for September. I know, right—what's 0.1% between friends? 🔹Although it seems like bad news, this 2.4% inflation rate is actually a bit of a drop from August's 2.5%—so, little wins! Want to know more? Feel free to take a look at this article: https://lnkd.in/eQcMPzTQ Every cloud has a silver lining. Stay curious, stay informed, and most importantly, stay positive!💫 #SP500 #USInflation

What makes global financial markets tick, spin, and sometimes, stumble? The answer isn't always straightforward. Last week witnessed an interesting play of events as distinct markets reacted differently to current geopolitical concerns in the Middle East. Despite being gripped by the potential fallout from tensions between Israel and Iran, the US and Chinese markets impressively held their fort and closed the week in green. However, in Europe and Japan, the stocks weren't as sturdy and alas, they fell under the pressure. Meanwhile, as the tussle escalated, Brent crude oil stepped onto the stage. Showing his strongest weekly performance in almost two years, it jumped 9.2% to $78.23 per barrel! Low global oil inventories might be to blame for this sudden surge, or perhaps there's more than what meets the eye? It's fascinating 😮, how a single event can trigger a domino effect across disparate areas of the global market. For a deeper dive into the week that was, check out this link: https://lnkd.in/eNxZTsT5 The beautiful chaos that is our global market. Always keeps you on your toes, doesn't it?😉 #GlobalFinance #MarketTrends #MiddleEastTensions #China #US #OilPriceRise

How do potential economic challenges shape a nation's growth path? Find out by exploring the case of China in the past years. Yesterday, against strong deflationary factors, a severe dip in property sales and brittle consumer assurance, the risk of China falling short of its annual growth target of around 5% became evident. But what was the response? The People's Bank of China took an audacious step. As a new week dawned, the market excitedly made place for an aggressive, yet strategic, package of measures from the bank. This was all done with a singular focus - stimulating the economy back to its vigorous state. 📈🚀 Now, even as we all keep a close eye on these developments, it's essential we see this as more than just financial news. It's a lesson into how a nation adapts and fights back in the face of headwinds. After all, growth isn't always linear, and the strength of a nation's economy often lies in its resilience. More on this scenario here: https://lnkd.in/dqQzk3YH Stay informed, stay ahead, and let's learn together from these economic narratives. #Economy #China🇨🇳 #Resilience #GrowthPath

How prepared are you for retirement? Sounds serious, right? But don't worry! For Pension Awareness Week, let's break down the giant topic that is retirement planning, and make it simple. Retirement is not just about ageing, it's about enjoying your golden years with complete financial security. 💰 This is where having a financial adviser to guide you becomes crucial. They can help you suss out your options and visualise the retirement you've always desired. ✨Retirement Living Standards can be your starting point, guiding you with a practical approach if you're unsure about your retirement savings. Quick fact: Pension Awareness Week was initiated to help us realise the importance of saving for our quiet years. Why? Longer life expectancy and evolving financial settings make it essential for us to plan effectively for our retirements, maximising the benefit we get from our pensions. Still wondering if you've got your retirement plans figured out? Especially if you've got 20 years or so to start, it's essential to have an idea of how much you'd need for a carefree lifestyle when regular earnings stop. Curious for more info? Check this out: https://lnkd.in/dwa5BsEZ Stay informed, stay secure. Let's be pension aware, together.👥 #RetirementPlanning #Savings #PensionAwarenessWeek

Worried about the rollercoaster ride in the Asian markets this week? 📉 There's no denying that the situation is tense. Fresh fallout from last week's lower than expected US job numbers hit, sending a ripple through the markets. 😯 Then, just when we thought it couldn't get tougher, mixed Chinese inflation data rolled in. August saw consumer prices inflate at lightning speed due to weather disruptions affecting food prices, the fastest in six months no less. 🌩️ Think that's concerning? It doesn't stop there. Data reports show producer prices plunging more than predicted, pointing to a struggling economy and volatile domestic demand. 💔 But here's a reality check - market fluctuations are part and parcel of the investment game. They can be a bitter pill to swallow but navigated right, they can also lead to potential opportunities. 🚀 For more information, check this report on https://lnkd.in/dydEGufJ Stay informed, stay empowered. #AsianMarkets #USJobNumbers #WeekWatch

Food for thought :) What if the "Magnificent Seven" aren't so magnificent after all? This group of tech giants, known for their stellar market performance in the post-COVID world, seem to be hitting a rough patch. 📉 Last month, Nvidia, one of these illustrious seven, failed to meet market expectations with their annual results. This didn't just hit their shares, but reverberated throughout the tech sector. 💥 The fallout was such that it dragged down the US indices, affecting the performance of others in the S&P 500 and NASDAQ. It seems the magic of the "Magnificent Seven" might be dimming. 🎭 Backing this up, Peter McLoughlin, Head of Research at Rowan Dartington, confirms that September has typically been tough on the tech industry. Could the seasons be turning for the tech titans? 🍂 To get a deeper understanding, check out this link: https://lnkd.in/dNMhDA9F So, is it the end of dominance for our "Magnificent Seven", or just a hiccup? What do you think? #WeekWatch #USMarket #TechSector #Nvidia

News around Nvidia's second quarter results have certainly proved a sight to behold! Their achievements have placed them on the map as one of the pivotal tech companies shaping the US market. Just how much was expected of Nvidia? Well, they didn't just meet expectations but soared past them! They reported a Q2 revenue of a whopping $30 billion, crushing the $28.7 billion forecasts. And that's not all. They've also announced a mind-blowing $50 billion share buyback. To top it off, they're predicting gains of $32.5 billion in the current quarter -- that's $10 billion above the forecast! The markets are abuzz with their successes and it's clear why. Why have they outperformed predictions so dramatically? Well, that's the million-dollar question. Take a closer look at the full story on Nvidia's record-breaking quarter in my latest article (link). #Nvidia #TechSuccess #BeyondExpectations 💪💡💼