George Lagarias, chief economist at Mazars, said: “Markets rarely take a view on people. In response to the news, UK stock market indices and sterling ticked modestly higher, shrugging off the news from Westminster as almost another day in the office. In the UK, the FT-SE 100 index of leading companies can attribute the fact that it largely comprises ‘old economy stocks – commodities, energy and financials – for its relatively modest decline of 2%.įrom soaring inflation, rising interest rates and post-pandemic supply-chain bottlenecks worldwide, to an unpredicted war in Ukraine, investors have encountered a legion of variables.Ĭloser to home the nation is still digesting the news that Prime Minister Boris Johnson has stepped down as Conservative Party leader. Since the start of 2022, the US S&P 500 stock index has plunged by more than 20%, officially taking it into ‘bear market’ territory. It’s already been quite a year for investors. Political upheaval at Westminster following Boris Johnson’s resignation as leader of the Conservative Party is just another example of why it’s been in short supply for investors over the year-to-date. Update 8 July: Stock markets like certainty. Stocks & Shares: Is Now The Time To Buy The Dip? Forbes Advisor has selected Runpath Regulated Services Limited to compare a wide range of loans in a way designed to be the most helpful to the widest variety of readers. The comparison service on our site is provided by Runpath Regulated Services Limited on a non-advised basis. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. These “affiliate links” may generate income for our site when you click on them. ![]() Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective.
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