Last week chief investment officer Julian Chillingworth set the scene for what proved to be a week of happy mood music from major central banks. This week all ears will be tuned to the G20 summit of world leaders in the hope of hearing more of the same on the trade front.
These days, when markets get a bit rocky investors shuffle their feet and hint to central bankers that firing up the money presses would be a great idea. Our chief investment officer Julian Chillingworth sets the scene for a potentially blockbuster week of monetary policy.
Nigel Farage’s Brexit Party barrelled to victory in the UK European Union elections in a hurricane result that is likely to make the two mainstream parties bend their policies like trees in a gale.
The fog of uncertainty won’t disperse anytime soon. But the FTSE is an international market, defensive and quite possibly one of the better places to be as global growth slows.
Uncertainty surrounding Brexit is likely to continue for some time. We want to cut through the fog, and consider the broader state of the nation’s economy.
Focus on the longer term and stay invested, albeit with a bias to lower risk companies.
With the Brexit decision tree we shared earlier this year we aimed to make sense of what at times has seemed a senseless situation. There are still many unknowns, but with new information starting to shine through in the last month, we are now publishing an update.
To help us filter out the day-to-day nonsense and make sense of how Brexit could develop over the coming year, we’ve created a simple decision tree.