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Please see below last weeks market summary from Brewin Dolphin, which was received late yesterday (24/08/2021) afternoon:

As you can see from the above, most markets suffered losses last week. China also suffered large losses last week. Some good news that can be taken from this article is that:

  • UK inflation seems to be in check which has been helped by cheaper clothing prices through summer sales on the high street
  • UK Job Vacancies hit a record high indicating a stronger UK economy, however staff shortages are starting to have an impact on the UK’s economic growth
  • On Monday and Tuesday the US and UK regained a little of last week’s losses

Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.

Please keep safe and healthy.

Carl Mitchell – Dip PFS

IFA and Paraplanner

25/08/2021