Since our last update, the overall flow of news has been positive.
The vaccine roll out has continued to be a success story and lockdown has largely and the fear of a further lockdown is receding.
Outside of Covid related news, there are increasing positive signs for the UK and world economies as well as the various investment markets; which for many of us bodes well for any savings and pensions we hold. Overall, there is cash liquidity and demand for goods is outstripping supply.
It is a pleasant change to be writing with optimism about a brighter future where we can start to plan holidays abroad once again, enjoy some great sporting moments and generally ease into some form of normality.
There will be some stumbling blocks, such as the issues around China, their internal economy and trade impact with the world.
Equally the UK continues to negotiate its own global trade agreements and the difficulties relating to the haulage industry aren’t to be underestimated.
There is also an element of the unknown and caution in how UK businesses will cope with the ending of the furlough scheme, plus the repayment of the numerous bounce back loans businesses have taken advantage of.
Nonetheless, there are real reasons to be optimistic and look beyond these hurdles. The majority of investment managers and economists remain enthusiastic and bullish that these hurdles will be comfortably overcome.
Overall, we feel enthused about the prospects for the majority of our clients’ investments as they should hopefully be well positioned to take advantage of the next year or two.
As always, if your circumstances, goals or objectives change, please do get in touch and we can review your financial plans accordingly to ensure any financial plans still reflect your goals.
Remember, the Platinum team is always available to help so you are welcome to give us a call whenever you need to.