Fed Up!

In April 20, 2017
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Just when you thought it was all over…Theresa May goes and surprises us all with the shock announcement that we will now face a general election in June, in order to provide unity and make sure that we can negotiate on Brexit from a place of strength.

Of course this move is actually incredibly clever and will solidify Theresa May’s power, with a Conservative win the most likely outcome, in the absence of any real challengers.

However, for those of us who wrongly predicted the results of the EU referendum and presidential elections, (myself included) I believe it would be wise of us to remain cautiously observant about what may happen in the next two months. Certainly 2016 was a year of surprises and this has left many of us with little confidence in what the pollsters actually predict will happen around these key events.

What is for certain is that all this uncertainty and the potential instability that a general election right now may bring will cause market turbulence in the run-up to the 8th June, but any volatility, just like after the EU referendum, will be short lived and will subside as soon as the vote has taken place and we know the result.

Ultimately like all of you, I just continue to remain increasingly frustrated with the political show jumping and games being played, instead of focusing on getting the job done, negotiating the best exit deal for the UK out of Europe and putting the stability and the economy of our country first.

Long-term this general election poses no real significant financial impact on our client’s investments and once this entire political circus is over and done with, perhaps they can turn their attention to the most important job at hand which is the Brexit negotiations.

For all of our clients we will continue to watch the markets and the movements of the fund managers to ensure that as best as possible we are taking advantage of the opportunities available from any short-term volatility and that the portfolios continue to provide a good level of return whilst looking longer term to the implications of our exit from the European Union

Jasmine has been a qualified Financial Planner since 2008. She has also been a member of the Society of Will Writers since 2012. She is passionate about helping Clients build their wealth and achieve the financial lifestyle they desire. Her areas of expertise are that of Savings, Investments, Pensions and Retirement Planning.

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