Overall Market Backdrop for June Bear markets continued to run in June with all Global markets ending in the red zone fuelled by growth concerns, inflation and volatility. Central banks are showing a united front in having a hawkish stance to battle inflation. While the US 10-Year Treasury yields did end up higher at […]
If your glass is by nature half-empty, you didn’t need to look far for confirmatory information last month. Energy bills were going up – and are set to rise even further in October. Inflation was up again – with grocery inflation hitting its highest level for 13 years, And, of course, the National Insurance rises […]
In the second week of June, the Organisation for Economic Co-Operation and Development (more commonly just the OECD) published an alarming report. The headline writers seized on it. ‘UK economy set to flatline next year,’ was the Mail headline, pointing out that the OECD had predicted the UK would do worse than every other country in G20 […]
The UK is far from alone as it struggles with soaring inflation, as fiscal policymakers in Europe are also looking at keeping rising costs under control. The European Central Bank (ECB) recently confirmed that it plans to increase interest rates for the first time in more than a decade. At the moment, the main policy […]
Introduction June was the month in which the war Vladimir Putin thought would last 100 hours passed its hundredth day – with all the attendant problems for food supply and the global economy. In the UK, Boris Johnson won his confidence vote by 211 votes to 148 – but the dark mutterings continued as the […]