With Policy changes, volatility and unpredictability the new norm it appears at times, a different approach is needed towards your finances and investment strategy.
Ellis Bates continue to emphasise the foundations for dealing with the current conditions lie in a well-diversified, global approach to assets that have long term potential to weather the immediate storms and deliver returns over the longer term.
For more information please visit our latest market insights “Growing Pains?”
Rising Inflation
Bank of England tries to rein in inflation, which has reached its highest value since 1981, almost five times the central bank’s target. (1)
Falling Value of the £
The pound has fallen to a record low against the dollar as markets react to the UK’s biggest tax cuts in 50 years. (2)
Global Stock Market Declines
It’s hard to find much good news in relation to Global Markets, with investors remaining worried about high inflation and low growth. (3)
Sources
[1] https://www.bloomberg.com/news/articles/2022-09-26/understanding-the-british-pound-s-sudden-crash-quicktake
[2] www.bbc.co.uk
[3] https://russellinvestments.com/uk/blog/inflation-recession-earnings-mwir