Mellon on the Markets: Assume the brace position

Follow this link if this email is not displaying correctly DAILY BULLETIN Tuesday 30 May 2017 Mellon on the Markets: Assume the brace position by Jim Mellon | Economics | 6 mins. to read In the past month, I've been going around the British Isles, talking to groups of people about my research into longevity, ahead of the launch of the Juvenescence book in July. I know it's always a mistake to develop confirmation bias, but the more I talk on the subject, and the more I look into the fast-developing science, the more convinced I become. By convinced, I mean that I am quite sure that average life expectancy is going to go up sharply – and in the near future. It may not feel like it today – what with life expectancy having stalled in the UK and in the US – but that is a temporary phenomenon, due to poor lifestyle choices. In the US, the death rate from prescription opioid drugs is phenomenal, marginally deflating average age at death. But the fact is – and it will all be detailed in the book – that we are all going to live a lot longer (assuming we do some simple things and embrace some new technologies). To pay for these extended lives, we are all going to be working much longer – and only now is that  fact beginning to dawn on commentators. Moreover, we are going to have to save – and in a much smarter and aggressive way than we do now.   Click here to read the full story LATEST STORIES FROM OUR BLOG Petrofac: Last chance support line by Zak Mir | Trading | 1 mins. to read Given how low shareholders are in the corporate food chain it is normally fair to say that if anything serious goes awry in terms of money or governance one would normally just have to put it all down to tough luck. This is particularly the case in terms of the small caps arena where a sizeable chunk of the contenders go belly up, or significantly underperform. Click here to read the full story Higher inflation makes Pennon a must-have stock by Robert Stephens | Equities | 1 mins. to read A higher rate of inflation could be a game changer for UK income investors. In recent years, it has been at relatively low levels, and this has made it fairly straightforward to generate a positive real dividend yield (i.e. after inflation has been deducted).   Click here to read the full story Three wheels on May's wagon… by Victor Hill | Economics | 12 mins. to read Campaigning resumes today in the British general election after three days of self-imposed reflection following the abominable events in Manchester last Monday night.   Click here to read the full story UK Oil & Gas: Exhaustion gap reversal could lead back to 1.2p by Zak Mir | Trading | 1 mins. to read Having been something of a disappointment to traders and investors in the past, I wonder whether UK Oil & Gas (LON:UKOG) is set for a reboot not only in the fundamentals, but also in sentiment…   Click here to read the full story We must be mad, literally mad by Evil Knievil | Evil Diaries | 1 mins. to read It's been a long road but, finally, the FTSE 100 has reached 7,500 points. This may prompt worry among some investors, since it could mean the index is overvalued and there is a lack of investment opportunities on offer.   Click here to read the full story QUOTE OF THE DAY "If I wait for the genius to come, it just doesn't arrive."                                                 Ian Fleming MASTER INVESTOR SHOW VIDEO EXCLUSIVE LATEST EDITION OUT NOW La Belle France - It's time to feast on the crème de la crème of the French stock market Capital punishment - Common inheritance tax pitfalls and how to avoid them Momentum investing - Is this the best-kept secret in finance? Shaky foundations - Has Brexit put commercial property funds at risk? Bag a bargain - Three small caps trading below book value Click here to download as PDF   Click here to read online Master Investor Ltd. Suite 88, 22 Notting Hill Gate London, W11 3JE T: +44 7515 542707 E: swen@masterinvestor.co.uk Share the newsletter: Follow us: Copyright © 2017 Master Investor Ltd, All rights reserved. Master Investor is a trading name of Master Investor Ltd. Material contained within Master Investor Magazine and its website is for general information purposes only and is not intended to be relied upon by individual readers in making (or refraining from making) any specific investment decisions. Master Investor Ltd. does not accept any liability for any losses suffered by any user as a result or any such decision. If a Daily Bulletin is too frequent, why not opt in to our once weekly mailing list for a round up of the week's news. Want to change how you receive these emails? Why did I get this | Unsubscribe from this list | Update subscription preferences