Comment & Analysis
Coutts Wealth Watch – UK downgrade irony: good for FTSE 100
By adding to sterling’s woes, news of a UK credit-rating downgrade by Moody’s this past weekend may paradoxically benefit FTSE100. Data from FTSE100 companies shows 27% of their revenue comes from growth markets, which we define as Asia and emerging markets in general. This proportion has risen from 23% in…
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