Welcome to our September bulletin
We hope this bulletin will keep you up-to-date with topical financial matters that can directly affect you… and your money!
Boris’s Brexit Gamble
We are told that Boris Johnson wanted to be Prime Minister ever since he was a boy. It therefore seems amazing that, having then reached his lifetime goal, he would gamble it all on a no-deal threat against Brussels. In fact, if he fails he could well become infamous for having enjoyed the shortest ever tenure at Number 10.
Amidst a background of relentless cross-party bickering and threats of lawsuits and counter lawsuits, the potential for hyperbole is tempting. Such is the frantic activity in and around Westminster that it even seems conceivable Mr Johnson might not be in office by the time you are reading this!
However, in the latest twist in developments, a statement from EU spokesman Jean Claude Junker suggests that the EU might be prepared to soften their stance and "do a deal" after all. With all that has gone before, it is probably premature to suggest that Boris’s high stakes bluff is finally getting some people in Brussels to listen?
Watch this space…
Despite a steady flow of poor news, 2019 to date has actually been a good year for investment returns.
Both equity and bond markets have pushed ahead… despite the news surrounding the US trade war, a cooling European economy and Brexit of course.
We are all familiar now with the US/China trade war and both countries have exchanged "blows" by levying import tariffs on each other’s goods. This tariff tax reduces company profitability and will affect the economy.
Despite the pressure on business caused by political wrangling, equity markets expect the economy will hold up, not least because of US central bank interest rate cuts, which can stimulate a faltering economy.
Share prices have actually benefitted from the Brexit debacle, as delays to the final exit date and political uncertainty have weakened sterling, relatively improving other currencies. This results in international earnings continuing to grow because of foreign exchange gains and thus, the large multi-nationals within the FTSE appreciate in value.
At home and internationally we are presented with a scenario of poor economic news, yet there have been some solid investment performances. Globally central banks are stimulating the economy and historically this form of stimulus has proven beneficial.
At Integra we are inclined to suggest the gloomy outlook is overdone and markets will continue to be supported by economic stimuli.
We are always keen to hear your views. Please visit www.integrafinancial.co.uk or email email@example.com and let me know if you think we should do anything differently.
We always welcome your feedback
Your Financial Planning... Don't delay!
It's never too soon to act.
Whether planning your children's or grandchildren's Further Education, arranging mortgages, life cover or your pension provision - please chat with us to discuss what options may be best for you.
Find out more >
We're here to help.
You can contact us at any time to discuss any financial matter that may be of concern to you.
Telephone: 01344 874490
or email us at firstname.lastname@example.org
Why not Skype us or Facetime us
Skype is a dynamic way of communicating with us via your computer.
All you need is a web camera and it is then possible to hold a conversation with us 'face-to-face'. If you would like to use this skype facility please email us. You can also Facetime us if you prefer.
Your email address
If you have received a paper based version of this newsletter it means we do not currently have a record of your email address.
Providing your email enables us to contact you more quickly than using the postal system… and ensures that we can send you future newsletters electronically.