Article by Alan McIntosh,
Chief Investment Strategist Quilter Cheviot
The second quarter ended with the US stock market enjoying its strongest three month period for 22 years, with the broad index rising by 20%. Coincidentally, in the first quarter, the same index fell by 20%. Although arithmetically it doesn’t quite get you back to where you were, it feels pretty V-shaped to most observers.
Article by Justin Urquhart Stewart
Director & Co-Founder at Regionally
Can we find any good news in the bad? Looking at the headlines over the past few days it would seem unlikely. Famous brand names seem to be going down like flies. From Byron Burgers (made infamous by George Osborne sending out for his late-night snack) to more familiar high street names such as Café Rouge and Bella Italia, the high street café restaurant and dining sector has been well and truly decimated.
On Wednesday (8 July) Chancellor Rishi Sunak announced a raft of new stimulus measures in a mini-budget aimed at revitalising key segments of the UK economy and stemming a further rise in UK unemployment, which is currently the highest it’s been since 1986.