What is The Fleet Street Letter?
August 9, 2017 9:40 am
Nick O’Connor, Publisher: The Fleet Street Letter is the oldest investment letter in Britain.
Charlie’s esteemed predecessors include founder Patrick Maitland, the 17th Earl of Lauderdale… Nigel Wray, the £50 million British business tycoon… and the late Lord William Rees-Mogg, former editor of The Times.
Since its foundation in the 1930s, The Fleet Street Letter has a track record of pinpointing the big turning points in history… and helping British investors navigate their wealth through them.
In 1938, for example, after a fact-finding mission inside Germany, Patrick Maitland predicted war in Europe within a year, while everyone else was in denial.
“Appeasement will not work,“ he warned… “War is coming to Europe, but not until September at the earliest.”
On 1st September 1939, Hitler invaded Poland. Two days later the Second World War began, exactly as Maitland foretold. It was the first major world event The Fleet Street Letter correctly anticipated. And by no means the last.
For instance, an issue from the mid-1980s talking about the fastest-growing economy in the world: China. At that time, nobody was talking about China.
In September 1999, while the world piled into tech stocks, Fleet Street Letter readers received this simple warning: “CRASH IMMINENT.”
The FTSE peaked four months later, falling into a three-year bear market.
It also predicted the fall of communism, the 1980s property boom and 1987’s Black Monday where UK stocks plummeted 27% in a fortnight, and the boom in Taiwanese shares in the mid-90s.
In short, The Fleet Street Letter couples “big picture” political and economic analysis with detailed and fully researched investment recommendations.