No I’ve not been away, just short of relevant things to tell you to be honest.
Whilst the media has been focused on the latest lockdown misdemeanours and the A-level fiasco, investment markets have generally been going about their business, up a bit down a bit, but nothing really of note to report.
As we continue to see the economy re-open for business there is some good news, as well as the predicted tales of businesses which are struggling, especially now that the furlough pay-rate has dropped by 20%, meaning many employers now have to find additional money to fund their wages bill. The hope is that businesses will see a return to good trading levels during the next month, before the looming threat of the removal of government financial support; if not, then October will not be a great month.
Today we may find out a little more about how things are shaping -up in the UK and also the Bank of England Monetary Committee’s latest views on where interest rates may go (will they actually turn negative?) and I will keep you abreast of any relevant news on these fronts.
For the many of you that have Prudential investments, the quarterly Prufund review is due next week (on the 25th) and I will be updating you through this site and also via general discussions as to the position, which I hope to be of a largely positive nature, given the past couple of months within investment markets!
Again, if there is anything that you need to ask at anytime then please contact me, as I am happy to assist on any fronts!