215. Why the UK stock, bond and currency markets hated the mini-budget

Darius McDermott and Juliet Schooling Latter return to discuss the third quarter of 2022. After a week of turmoil in the UK markets, they explain what has been going on. They also discuss the US, high yield bonds, and why financial companies have done well recently. They also touch on the continued outperformance of Latin American equities; the possible issues coming out of Japan; and wrap up with the positive opportunities for investors amidst all the doom and gloom.
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We are now three-quarters of the way through 2022 and markets continue to be volatile. In fact, we’ve just had a tumultuous week in the UK. In this podcast, Juliet Schooling Latter and Darius McDermott discuss what has been happening, they review the few sectors that have held up well and offer some positives in what looks to be a gloomy outlook for the rest of this year.

What’s covered in this episode: 

  • What has been happening in the UK market in the past week
  • Why the UK bond market did not like the min-Budget
  • Why the US does not have the same inflation worries as Europe
  • How high interest rates could go in the UK
  • Why bonds are now looking more attractive investments
  • Why larger UK companies are holding up better than smaller ones
  • If the US will go into recession
  • The outlook for high yield bonds
  • Why financial companies have done well in the last 3 months
  • Why Latin American and Indian Equities have also performed well
  • Possible issues coming out of Japan
  • The positive opportunities we can find amidst all the doom and gloom
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