Equities almost back to their July lows

Professional Adviser
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By Terry Ewing, investment director at Britannic Asset Management Conflicting trends in the econ...

By Terry Ewing, investment director at Britannic Asset Management Conflicting trends in the economy and mixed news from the corporate sector have taken their toll on the equity market over the past month. After rallying strongly from its July lows, the equity market has given up most of its gains and is now approaching July levels once more. The spectre of war has increased uncertainty. The industrial sector has been a drag on both the economy and earnings growth for some time. The much hoped for recovery has failed to materialise and a number of major companies have posted pr...

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