Well, here’s something to put a smile on Rishi and Jeremy’s collective faces: inflation has fallen. Actually, since last year, quite a bit, from 11% or more to 3% or more. Apparently, most is down to food prices, but, whatever, it’s the effect on interest rates which is likely to be key. They won’t go up any more and should, all being equal etc., start to come down, probably pre-election; and falling interest rates can usually push up both shares and bonds (loans to government and companies), which in most ‘balanced’ portfolios, are used to balance one another. In the US, which has the biggest effect on your investments, inflation has been 3%-ish for a while, and their economy continues to do pretty darn well, whatever DT would like you/them to think. He’s a known unknown, of course, but I’d still say all looks good, glass half-full and positive (investment) mental attitude.
“Cash ISA allowance could be cut this month”
Our mantra has long been ’straightforward advice that you can understand’. That can mean trying to simplify the many complex products and options with which the world of finance tries to befuddle its target audience.
