When most see this headline, their first thought is Brexit. Yes, that’s a factor, and watch this space, as all is worryingly quiet. A bigger reason this year has been the types of companies which make up the main part of the stockmarket index, the FTSE 100. These are often multinationals which happen to be listed here, such as oil and mining companies, big retailers and airlines, all of which have been hardest hit by All This. America, of course, has the Apples, Amazons and Googles, which have actually benefited from All This. Could all change, so eggs in differing baskets is still the advice from this adviser.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.