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01 November 2019UNCERTAINTY (Again)
The UK is to have a General Election, the US/China Trade War continues to affect not only those countries but many others in the backwash, and world economic data gets ever more gloomy. Add to that the fact that Banks around the world are apparently indulging again in the same practices that caused the 2008 financial crash (they have just changed the product names) and it all adds up to a miserable short/medium term outlook.
For us, as we are mostly in cash and having set ourselves up to spot quality bargain situations if and when they occur, we just have to be patient as opportunities will (and are) arising in different areas of the world. It is just a matter of keeping a close eye on what is happening in your preferred investment sector.