Time has come to get out of mining sector

UK equities have made strong gains over the last four years and the medium term outlook remains positive. The Bank of England's rate rises will put pressure on consumers but a recession is unlikely. Domestic discretionary spending may shrink, potentially hitting the sales of companies selling big-ticket consumer items but UK equities have the potential to make further progress, albeit possibly at a slower rate. With global economic growth slowing gradually, investors may shift from cyclical and more vulnerable stocks to attractively valued, good-quality companies. Some sectors, in particu...