So at time of writing, the Dow Jones’ index has bounced 29% from its lowest point (technically a Bull Market when over 20%), the FTSE100 by 19% and the FTSE250 (more UK-centric) by 20.5%
Those on our client database will soon receive an update on conditions as we see them. It is the largest piece of work we have done on the crisis so far.
Well, the 5 April year-end valuation point is upon us. It will not be pleasant reading for anyone, including our clients and investors elsewhere. Markets almost unilaterally have endured the worst quarter since 1987
The FTSE100 has struck a yield of over 7%, the highest for some forty years (what does that mean…) and this without ‘any’ inflation so historically much more significant now.
Amid the global human, employment and economic chaos caused by the Coronavirus pandemic, the emergency announcement by new Bank of England Governor Andrew Bailey to cut the base rate to just 0.1%
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