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No inflation? Even used car prices are soaring – Investment Watch

Inflation has now become so ridiculous that, according to the Wall Street Journal, even the price of a USED car is increasing… by a lot. Since January 2020, NEW car prices have increased 9.6%. But USED car prices are up 16.7% over the same period. This is pretty extraordinary given that used cars are supposed to depreciate. According to one used car dealer, “What is normally a depreciable asset has been appreciating. It’s certainly surreal. . .” It’s not just used cars, of course. P...
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EP Global Opportunities Trust Plc - Annual Financial Report

EP Global Opportunities Trust Plc - Annual Financial Report PR Newswire ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2020 The full Annual Report and Financial Statements can be accessed via the Companys website at www.epgot.com or by contacting the Company Secretary by telephone on 0131 270 3800. HIGHLIGHTS At 31 December 2020, the net asset value per share was 308.4p, a decrease of 3.9% over the year. With dividends re-invested, the net asset value total return was -1.3%. The share p...
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