Three prime ministers, four chancellors, skyrocketing inflation and intervention in the bond markets from the Bank of England have all contributed to an increasingly troubled economic landscape for investors to navigate over the past twelve months.
As the economy moves ever closer to a BoE projected five-quarter recession which could cut GDP by 2% by the second half of 2024, the situation could deteriorate further in the next few months. Of course, the government has tried to alleviate many of the concerns that investors and economists have in the current economy. September's Mini Budget, for example, was designed to cut the economy free of stagnant growth by slashing taxes and boosting government borrowing. The effect, however, was disastrous. Gilt markets spiked 120 basis points over three days, while the pound dropped to $...
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