Premier Miton Chief Investment Officer Neil Birrell reflects on how, following local elections, attention has turned firmly to the leadership of the Labour party, and, by extension, the direction of the country. He argues that this period echoes the post-Global Financial Crisis environment, where shifts in the political landscape had a meaningful bearing on stock markets.
At the same time, the broader backdrop remains challenging. Fiscal discipline has been maintained, yet debt levels remain elevated, economic growth is subdued, inflation persists, and the cost of government borrowing has risen.
This is a marketing communication.
Article originally published by Premier Miton. FE fundinfo is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.
