Market briefing 57 – 31st January 2024

Market Briefing – Asset and market performance.

There are many different types of assets such as; shares in large companies, or small companies, bonds, gilts, utilities, gold, property and energy. How these assets perform each year indicates how the markets are performing but also shows that what has happened before doesn’t give any clues as to what might happen in the future.

Headlines from 2023

Oxford Children’s Word of the Year 2023 is ‘climate change’. ‘War’ was second on the list, followed by ‘coronation’ of King Charles III in the UK.

More broadly, the end of 2023 saw a news item that has incensed the UK public.

Although it had been in the public consciousness for over a decade, on four consecutive nights from 1st January (technically 2024 of course, but filmed in 2023), ITV screened the drama ‘Alan Bates vs The Post Office’.

Detailing the mysterious financial losses that led the Post Office to sack and prosecute village subpostmasters, the subsequent outcry, and its pace, has led to speedy investigations right up to Parliamentary select committee hearings.

More broadly, 2023 saw UK inflation, as measured by the consumer price index (CPI), starting at over 10% falling throughout the year to just over 4% at year-end (2). Correspondingly, interest rates across the globe were increased to combat these inflation changes.

Staying with economic matters, and in the light of 2023’s events, including higher inflation and interest rates, how have different asset types – for example equity sectors, bonds & cash, different geographical equities, and real assets – reacted and responded?

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Get in touch

If you find yourself worrying about the economic climate or any part of your long-term retirement plans or financial wellbeing, get in touch.

We are here to provide reassurance and ensure you stay on track. To learn more about how our financial planners can help, email us at advise-me@fosterdenovo.com or call us on 0330 332 7866.

This publication is marketing material. It is for information purposes only. This statement is for the sole use of the recipient to whom it has been directly delivered by their Foster Denovo Partner and should not be reproduced, copied or made available to others. The information presented herein is for illustrative purposes only and does not provide sufficient information on which to make an informed investment decision.

This document is not intended and should not be construed as an offer, solicitation, or recommendation to buy or sell any specific investments or participate in any investment (or other) strategy. Potential investors will have sought advice concerning the suitability of any investment from their Foster Denovo Partner. Potential investors should be aware that past performance is not an indication of future performance and the value of investments, and the income derived from them, may fluctuate and they may not receive back the amount they originally invested. The tax treatment of investments depends on each investor’s individual circumstances and is subject to changes in tax legislation.