American Credit Agency “Fitch Ratings Inc” (one of the big 3 along with Moody’s and Standard & Poors) Downgrades US Credit rating from AAA to AA+
Find out more by watching our video below.
Very happy to announce that @PrivOfficeAsset have agreed to sponsor us for the 2022 season!
For financial advice on pensions, stockbroking or portfolio management, don’t hesitate to get in touch with them!
This week the inflation melodrama continued, with US inflation numbers reaching record levels. This set off another round of speculation over interest rates with talk of an emergency rate hike being needed over the weekend.
https://t.co/OEOLBwEZGs
Elsewhere the world was eagerly awaiting the latest musings from the US Federal Reserve after markets sold off heavily at a perceived change in mood at the start of the year. The event was a bit of an anti-climax with nothing either confirmed nor denied.
https://t.co/qeYV76q4ib
This week saw some calm restored to markets after a rocky start to the year. The shock announcement that the US Federal Reserve may accelerate tapering its balance sheet, sucking out some of the money it has pumped in over recent years, has worn off a bit
https://t.co/faBZfnKWgn
This week there was no gentle easing back into the swing of things for markets which kicked the new year off with big falls in both equities and non-inflation-linked bonds.
https://t.co/AtOrIwnf07
Bearing in mind the common cold is also a coronavirus, might this spell the beginning of the end of Covid-19 as a serious health threat allowing us to get back to normal and "live with the virus" as so many people have been saying? Let's hope so.
https://t.co/ilSM9Ovd2v
Last week US Fed chair Jerome Powell added to market volatility by saying the term ‘transitory’ should be retired from the discussion about interest rates. Powell’s testimony to Congress also heard him support a faster taper of Fed bond buying.
https://t.co/LDztogi1RS
This week there hasn’t been much for markets to get excited about. Headline inflation figures were up a bit, but the underlying data still suggests pandemic disruption is the main culprit.
https://t.co/t8WX9c5680
This week there was more drama from failed Chinese property developer Evergrande, which avoided default at the very last moment. The firm owes in excess of $300bn, with a significant portion owed to funds and investors around the globe.
https://t.co/bFX39UN4NM
Investors remain reluctant to sell in this environment and there are plenty of “wounded bears” who are looking for dips to buy. We are almost through the two traditionally worst and volatile performing months of the year for equities. Read More:
https://t.co/tJRTHw3zzU
Welcome to our weekly investment overview, we provide these to all our investment clients and we thought it would make for interesting reading for the wider investment community.
https://t.co/RaEGn1syY6
NEW WEBSITE! https://t.co/lglELD7v3X 💻
Visit our new website to learn more about us, discover our services and read testimonials!
We have offices in the Royal Exchange, Central London & West Sussex.
#AssetManagement#NewWebsite#WealthManagement