JAMIE CARR: Group Five cuts back to build up
The trajectory of Group Five’s share price is at the sort of angle that gets extreme skiers excited
Information can be worth considerably more than its weight in gold if you know how to act on it. After all, everybody knows that the Rothschilds were the first to get the news of Wellington’s victory at Waterloo, and Nathan Rothschild spread rumours of defeat to tank the market before piling in and making a killing. Except, of course, that he didn’t. This remarkably pervasive early example of fake news came from an anti-Semitic pamphlet published in 1846 by a certain "Satan".There’s a strong suspicion that the rational observer would have more chance of picking the winning numbers in the lottery than predicting the next moves of Donald Trump’s White House, but with hindsight it is clear that sanctions were the natural progression of Potus’s bout of willy-waving in the general direction of Uncle Vladimir. News that Russian oligarch Oleg Deripaska is on Trump’s naughty list has hammered the share price of his Rusal empire, which is the biggest producer of aluminium in the world outsid...
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