Newsletter 17-07-20

So, this week has seen a rebound in the economic activity of the UK, though not as much as hoped for! We are all now going to pretend to be the Lone Ranger when out shopping (President Trump needs to be told that the Lone Ranger wore a mask around the eyes not the mouth!), Leicester is in a lockdown on its own and as I type this, it looks like Blackburn could be about to follow.

All in all, just another quiet week.

As far as the markets are concerned, there seems to be a continuation of stability for the moment, although we still see some movements of around 2% up or down in a single day. We are still 19.6% lower on the FTSE 100 than we were a year ago (info from londonstockexchange.com), which, depending upon your viewpoint, provides excellent room for growth or shows how uncertain the economy still is.

My personal view remains to invest for the long term and maintain a good spread of assets – and do not look at the markets on a daily basis.

In this week’s videos I have talked to Morningstar, a leading fund analysis company who also produce their own portfolios, to gain an insight into their views of the future.

There is also another discussion with Sue Green of Evergreen HR Ltd and HR Pulse Ltd, talking about the correct way to approach redundancies if needed. I also talk about the Covid and Bounce Back Loans as I have met a number of business owners who believed they did not have to pay the loan back – sadly not true!

Our back catalogue of videos can be found on our YouTube channel at https://www.youtube.com/channel/UCQ7n6bvAMBLxFwHHRsJuKeQ if you want to look at previous videos.

Any areas you would like to see discussed in future, let me know and I will be happy to do so.

For now, please remember - we are here to help and assist via phone, video or email as, and, whenever you need us