Ongoing, downbeat economic sentiment is continuing to take its toll on equity markets making it increasingly difficult to fund value, according to Thames River's Gary Potter and Rob Burdett.
After a peak on 19 May, equities experienced a period of profit taking with equity outgoings exacerbated by increasingly worse economic news during June. Inflationary pressures have continued to rise, led by a continued increase in oil prices, and unemployment has started to rise and consumer confidence has 'fallen off a cliff', according to Potter. He said: "There is no doubt in our minds that we are entering a very different phase in economies and financial markets that will pose as many opportunities as threats: if ever there was justification for a diversified portfolio of different f...
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