Pudner Capital Management

Established with the objective of building a leading boutique investment & wealth management advisory firm delivering superior long-term investment returns.

[Pudner Capital Management @PudnerCapital]

@BillAckman Fed needs to be more aggressive on speed of QT and get rate of M3 growth to a position where its more consistent with 2% inflation mandate.

[Pudner Capital Management @PudnerCapital]

UK house prices up 10% on the year, and 15% since start of the pandemic. We still expect 15bp hike in Dec by BoE.

[Gold Telegraph ⚡ @GoldTelegraph]

BREAKING NEWS:

BRAZILIAN PRESIDENT JAIR BOLSONARO HAS REITERATED THAT HE IS CONSIDERING THE PRIVATIZATION OF STATE-RUN OIL COMPANY PETROBRAS AS FUEL PRICES RISE

This is one of the largest producers of oil and gas in the world.

[Pudner Capital Management @PudnerCapital]

$TSLA up just under 4% pre market at $944.62

[LiveSquawk @LiveSquawk]

$TSLA $HTZZ | Reports That Hertz Said To Buy 100,000 Tesla’s In Car-Rental Market Shake-Up, The Order Totalling To $4.2B

[Pudner Capital Management @PudnerCapital]

UK Services PMI (May) rises to 61.8, exp: 62.2, prev: 61. Manufacturing at 66.1

[Pudner Capital Management @PudnerCapital]

Germany Services PMI (May) rises to 52.8, exp: 52, prev: 49.9. Manufacturing at 64

[Pudner Capital Management @PudnerCapital]

UK Retail Sales incl fuel (Apr) rise 9.2%, exp: 4.5%, prev: 5.4%. Annual rise 42.4%

France Services PMI (May) rises to 56.6, exp: 53, prev: 50.3. Manufacturing at 59.2

[Pudner Capital Management @PudnerCapital]

UK Consumer Prices Index (CPI) rose by 1.5% in the 12 months to April 2021, up from 0.7% growth to March; on a monthly basis, the CPI rose by 0.6% in April 2021, following a 0.3% increase in March 2021.

[Office for National Statistics (ONS) @ONS]

Headline indicators for the UK labour market for January to March 2021 show

▪️ employment was 75.2%
▪️ unemployment was 4.8%
▪️ economic inactivity was 21.0%

➡️https://t.co/1v8pKpeyNP

[Pudner Capital Management @PudnerCapital]

https://t.co/4j6SN4QDYh

[Pudner Capital Management @PudnerCapital]

Rightmove said on Monday that the average asking price of UK house prices had risen by 2.1% over the last month. 
https://t.co/Y70n5zw9Jz

[Pudner Capital Management @PudnerCapital]

Bitcoin jumps through $62,000 to fresh record high.

[Office for National Statistics (ONS) @ONS]

GDP grew 0.4% in February but remained 7.8% below its pre-pandemic peak.

Services were up 0.2% (8.8% below), manufacturing up 1.3% (4.2% below) and construction grew 1.6% (4.3% below) https://t.co/oIVcegrojf

[Pudner Capital Management @PudnerCapital]

Deliveroo's (ROO.L) public market woes continued on Friday, now down 33% from its IPO price.

[Pudner Capital Management @PudnerCapital]

BREAKING: Duke of Edinburgh, Prince Phillip, has died at the age of 99.

[Pudner Capital Management @PudnerCapital]

(Reuters) - Holiday company TUI AG said on Friday it was raising 350 million euros ($416.33 million) through an issuance of convertible bonds, after having been bailed out thrice by the German government over the past year.

[Reuters @Reuters]

The overall job market has rebounded from lows at the onset of the pandemic. But some demographic groups have rebounded further than others and some sectors remain far below their pre-pandemic levels https://t.co/3dBUidrwut

[Pudner Capital Management @PudnerCapital]

French Pres. Macron: 4 Week Nationwide Lockdown To Begin On Saturday.

[Pudner Capital Management @PudnerCapital]

Joe Biden is proposing to plough $2tn in government spending into US infrastructure alongside $2tn in higher corporate taxes, and wants to raise the corporate tax rate from 21% to 28%.
https://t.co/6N0dRpAbhJ

[Pudner Capital Management @PudnerCapital]

Deliveroo, which is backed by Amazon, saw its shares down around 30% in early deals compared to the issue price this morning.

A timely reminder that equities can go down as well as up.