Recession is coming! So why am I still buying FTSE 100 shares?

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Image source: Getty Images Recession is coming! So why am I still buying FTSE 100 shares? Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Harvey Jones Harvey Jones | Monday, 1st June, 2020 We are heading for the sharpest recession on record, with the economy set to shrink 14% this year. The Bank of England has warned Covid-19 is “dramatically reducing jobs and incomes in the UK,” and the FTSE 100 has taken a massive hit too.So how come equities have recovered so quickly from the stock market crash in March? The main reason is that central bankers around the world have effectively ‘backstopped’ share prices, through unprecedented fiscal and monetary stimulus. Largely thanks to their efforts, the FTSE 100 has climbed more than 20% since dipping below 5,000.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The FTSE 100 is holding firmThe bloodbath’s been averted. Investors can breathe a sigh of relief, but they’ll also be wary. They know we haven’t felt the full force of the downturn yet. Government furlough schemes are hiding the fact that many people will not have a job this autumn. Unemployment is set to rise sharply.Companies will continue to struggle after the lockdown is over as nervous consumers are likely to be more cautious. Revenue and earnings will fall. More FTSE 100 dividends could be cut. All this will weigh on stock markets.There’s also the danger of a second wave of the pandemic when winter comes. Another lockdown would be a serious blow to the economy. The government will have to balance the threat to health against the economic damage, while anger mounts on both sides of the political divide.Another stock market crash is possibleThe uncertainty is likely to drag on until we can finally get a vaccine. So who would buy FTSE 100 shares given today’s worries?I would. Although I’d do it carefully. I don’t have the courage go hunting for FTSE 100 bargains in bombed-out sectors, such as airlines and cruises, right now. That trade might pay off, but I’m unwilling to take on that level of risk.Instead, I’d focus on top FTSE 100 companies with healthy balance sheets, loyal customers, strong cash flows, and affordable debt levels. These are best placed to survive an extended downturn, and even take advantage by snapping up struggling rivals.Stocks can survive the recessionRight now, there are plenty of FTSE 100 companies that fit this profile. Today can still be a good time to go shopping for shares, if you do it selectively. You should aim to hold for the long term, allowing time for current uncertainty to pass.But you don’t have to rush out and buy them. Plenty of people are building up a cash position, ready to take advantage if we do get a second stock market crash.However, I wouldn’t leave money in cash for an extended period. Over the longer run, its real value will be eroded by today’s low interest rates. When you see a FTSE 100 stock you like at a decent price, I’d buy it.As stimulus kicks in, share prices could rise sharply, even in a recession. While you should be wary of another crash, you don’t want to miss the stock market recovery either.last_img read more

KCCA FC vs Azam: Kasasiros eye second Kagame Cup triumph

first_imgOkello has been key for KCCA FC in Kagame Cup.CECAFA Kagame CupAZAM FC Vs KCCA FCKigali Stadium 17:00hrsKCCA FC is left with one hurdle to negotiate so as to seal their second CECAFA Kagame Cup triumph.On Sunday, the Kasasiros take on defending champions Azam FC of Tanzania at the Kigali Stadium in the tournament’s penultimate game.KCCA secured a championship opportunity slot following an extra time victory against Zambian side Green Eagles, winning 4-3 after extra time, their second time to achieve the fate since 1978.In the blue corner, Azam reached their third successive Cecafa final after edging DR Congo side, AS Maniema Union 5-4 on penalties after a barren draw on Friday.Speaking to the press, one of KCCA FC inform players, Mike Mutyaba was optimistic that teenager Allan Okello can help them write history.“We have been scoring in every single game and Allan is having a good tournament. So we expect him to lift us as we make history again since the club has this kind of trophy already.”Okello was key in the win over Green Eagles, scoring twice and assisting once. He has so far scored four goals and assisted three at the 2019 Kagame Cup.The winner of the annual club regional tournament mainly financed by Rwandan President Paul Kagame will be crowned champion with prize money worth $30,000 ( shs.100 million), while runners up wrill receive $20,000 (shs.80 million) and $10,000 (shs. 38 million) respectively.Comments Tags: allan okelloAzam FcCECAFA 2018KCCA FCMike Mutyabatoplast_img read more

Money as Big Data: Mapping the History of Filthy Lucre

first_imgTags:#Data Services#Location#web Top Reasons to Go With Managed WordPress Hosting “Such a large collection of digital objects lends itself to the potential for meaningful quantitative analysis, including the geographical distribution of coins based on a variety of physical and categorical attributes…Dynamic visualization based on researchers’ queries can lead to hypotheses that would have otherwise never been considered.” In other words, allowing for the custom visualization of numismatic data might lead to intuitive leaps in the understanding of history by economists, art historians, classicists and others that both the coins themselves and the data itself would not. The interface, in the form of a widget set into the Nomisa site, is an open source build, with Apache Solr for the search index, OpenLayers for the display of maps and Ajax to connect the two in a usable interface. Once a coin is entered into Solr, the script Gruber has written checks the numismatic Nomisma (“a collaborative effort to provide stable digital representations of numismatic concepts and entities”) to place it geographically. “OpenLayers then builds its point layer with a KML file generated dynamically from the Solr search results for user’s query. A list of facets appears under the map, providing the user with the ability to filter results based on constraints like deity, material, denomination, issuer, and region.”The project is drawing from 400MB of numismatic data, consisting of 560,000 objects. When it launches in mid-March, as a part of the American Numismatics Society’s Collections site, it will have close to 200,000 georeferenced objects.You will be able to search geographically to see what coinage was produced in area mints. You will also have a slider controller that will allow you to fine-tune your searches in terms of time. A Web Developer’s New Best Friend is the AI Wai… curt hopkins Related Posts Why Tech Companies Need Simpler Terms of Servic… Most people who aren’t coin queens don’t realize how important the little bits of bronze, silver and gold are to understanding our history. The American Numismatic Society‘s resident geek Ethan Gruber does. So he and the ANS are building a mapping interface for their huge numismatic data set. 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Pin Now, Read Later: Pinterest As A Content Sharing Platform

first_imgTags:#Pinterest#Social Bookmarking If you’re still on the fence about Pinterest, here’s one way you may not have considered using it: as an online bookmarking service. From Delicious to Bit.ly, there’s no shortage of networks built around nothing more than bookmarking. But countless users have cast these aside in favor of the image-sharing platform.Perhaps the big draw is that unlike Delicious or Bit.ly, Pinterest started as a social network that users then adapted as a bookmarking service. Meanwhile, the former two services have not succeeded in turning a helpful product into bustling online communities, as indicated by their significantly lower traffic than Pinterest. But one clear advantage Pinterest has is the visual platform for which it’s best known. What better way to recall archived links than to recollect them with a visual cue?An Open-Ended PlatformPinterest is unique among leading social networks because its founders didn’t determine how people would use it. Users determined what Pinterest was for.Pinterest has such a visually appealing, malleable design that it’s been turned into all kinds of clones. Even Amazon is aping its style, presumably because it’s so adaptable. It’s not common knowledge that Pinterest, which is usually perceived as a feminine social network, was actually cofounded by men. But instead of the founders determining its use, female early adopters, including CEO Ben Silberman’s mom, populated it with content that gave it the fashion-savvy reputation it has today. If men had discovered it first, it’d probably be used very differently. Short of the terms of service, there are no directions about how to use Pinterest. That’s probably why Pinterest as a bookmarking service has grown so steadily despite getting far less coverage than its use as a fashion- or design-sharing tool. To people discovering Pinterest for the first time, visual bookmarking just makes sense.To prime your browser for one-click Pinterest bookmarking, install the Pin It button. To see what others are sharing now, a cursory search on Pinterest for pinboards titled “articles”, “pin now, read later,” “articles to read” or “news” will give you a good idea of how much bookmarking is used. Another trick: try going to http://pinterest.com/source/NameofWebsite.com, with your preferred site address at the end of the URL, to see just how many people are bookmarking your favorite site for future reading. Something “Timeless”At last year’s South by Southwest conference, Silberman observed that one of his favorite things about Pinterest was its “timelessness.”“I wanted to create a service that was a little bit timeless,” he said. “If something’s your favorite book, it’s no less your favorite book five years from now or ten years from now. It can still say something about who you were then and who you want other people to know you as. But at the time, all the services were totally relevant. Twitter was the buzz. You never see a tweet older than 48 hours, unless it’s ironic. Pinterest has a timelessness that I really love, and I think boards are a part of that idea.”Unlike a tweet or a Facebook status, each which stays relevant for less than a day, pins have enduring long tails that keep them clickworthy for months. Or as a Pinterest spokesperson said in an email:Pinterest is unique to other services in that the article is easy to save on a board and reference it later, and is easily discoverable over time, as it doesn’t fall off the page. On other platforms, news is valuable but legacy content goes nowhere. Great content lives on in Pinterest and old stuff is rediscovered all the time.When you save things for later on Pinterest, you’re not just prolonging your own news discovery cycle, but that of every other pinner, too. Photo by SimplySteff on Flickr.  Top Reasons to Go With Managed WordPress Hosting Related Posts lauren orsinicenter_img A Web Developer’s New Best Friend is the AI Wai… Why Tech Companies Need Simpler Terms of Servic… 8 Best WordPress Hosting Solutions on the Marketlast_img read more

Gennaro Gattuso leaves Milan but tells club not to pay him for rest of contract

first_img“Deciding to leave Milan’s bench is not easy but it’s a decision I had to make,” he said, according to Repubblica. “There was not a precise moment in which I decided, it was the sum of these 18 months as coach of a team that for me will never be like the others. Months that I lived with great passion, unforgettable months.“Mine is a painful but thoughtful choice. Am I giving up a two-year contract? Yes, because my story with Milan can never be a question of money.”Gattuso took the role in November 2017 after a spell as youth-team coach. Milan’s fifth-placed finish in Serie A this season was their highest since the 2012-13 campaign. Read more news Share on Twitter Share via Email Share on Pinterest Atalanta punch historic Champions League ticket in wild Serie A finale Milan Gennaro Gattuso has announced he is leaving his role as Milan head coach. The Rossoneri missed out on Champions League qualification on Sunday despite a season-ending 3-2 victory against SPAL.Gattuso, whose contract runs until 2021, has confirmed he is leaving the club and the former Milan midfielder will not be taking any compensation. Reuse this content Topics European club football Share on LinkedIn Share on Facebook Share on WhatsApp Share on Messenger Serie Alast_img read more