Weekly Market Commentary - 11 August 2023

This week there was a modicum of good news; inflation in the US continued to abate with the fabled “soft landing” of the US economy still possible, despite a slight uptick in unemployment claims. In the UK surprisingly robust growth figures caught out most people, with the data not reflecting either the market consensus or general mood of the country. It is baffling that a large increase in interest rates, a huge squeeze on the consumer as bills eat into disposable income and high energy and input prices aren’t having the effect expected. There could be some underlying growth factor no ones noticed or the negative impacts of the last year are just taking longer to manifest.

Click here to view the market commentary.

Request more information
Thank you
We will be in touch soon.
Sorry. Something went wrong. Please try again.

You might also be interested in:

Investments
5 pleasantly surprising ways your health improves with age
Investments
63% of Americans are losing sleep over money worries. Here’s how working with a financial planner can help
Investments
Planning your return to the UK? 5 important ways a financial planner can help smooth the transition
Investments
Care to dance? Here are a few great reasons to say “yes”