Generally speaking, global stock markets have been moving lower since spring 2022, with a reprieve in mid-August when they almost got back to the highs last seen in early April. For most of the year, markets have been ranging (moving sideways). This was the case until the end of September when, successive interest rate rises around the world and the UK’s Mini Budget saw the FTSE 100 go back to levels last seen in April 2021.
Fortunately, there has been a small recovery in UK markets since the low on 28 September 2022, however, when there is such a lot going on in the global economy, it’s really helpful to have a deeper understanding of what has been happening and why. We are sure that reading this issue of ‘Money Minder’s Market Insights’ will help you to gain a more complete view the current situation.
There is a lot of valuable information to digest in this article, so we recommend having a cuppa close by to enjoy whilst you are reading it.
To read 'Money Minder's Market Insights' click here.....
Ray Black MSc FPFS
Ray is Money Minder’s Managing Director and Chairman of the company’s investment committee. He provides guidance to the in house research team and recommendations on strategic asset allocation and tactical investment strategies for Money Minders investment clients. He is a Chartered Financial Planner and holds the Advanced Diploma and the highly respected and very rare to find Masters Degree in Financial Planning. He is a fellow of the Personal Finance Society and a Society of Later Life (SOLLA) accredited adviser holding professional qualifications in discretionary investment management and higher level investment planning, retirement planning, corporate financial planning, taxation and trust matters. Ray is frequently asked to provide comment on financial issues for the national financial press and UK based financial planning subscription magazines. He has been a regular contributor to BBC Radio broadcasts and frequently presents retirement planning, investment planning and long term care planning workshops to public sector workers.