The pervasive influence of Trump, BREXIT and state sponsored murder – not forgetting state sponsored cyber terrorism – all combine to continue one of the longest periods of global market uncertainty in living memory. How should you invest wisely in this crazy market?
The UK currently enjoys the highest wage growth since the start of the recession, close to full employment, a strong currency, lower than predicted inflation, and rising wages coupled with historically low interest rates. The only “cloud” on the economic horizon is that the UK housing market has slowed right down – blamed on uncertainty over BREXIT.
In the US the performance of the Dow has been stellar buoyed by some great corporate results and Trumps tax cuts – do lower taxes mean US companies think they can afford to book profits?