Ahead of the UK interest rate decision (15th December), Ausaf Abbas, non-executive director of Multrees Investor Services, answers the question: how will this year’s ‘black swan’ events and changes to interest rates affect investors?
The Economy Resuscitates, Stocks Gain, Rates Rise, Inflation Grows; Heightened Volatility and Potential for Big Market Swings Likely
The investors, who have made headway on pay disparity with tech giants including Amazon and Apple, are trying to do the same in the finance sector.
As with Brexit and the US election, voters treated the referendum as a vote of confidence in the political elite. Once again, the message from the comprehensive rejection of the proposed amendment was “extraordinarily clear”, as described by a
Far from reducing crime and corruption, it boosted both. Al Capone, one of the most infamous beneficiaries of prohibition, was by 1927 earning $60 million a year from alcohol sales alone. As he conceded, “all I do is satisfy a public demand.”