Deep Dive: There are many factors to consider in UK equities

Many investors moved after Brexit

The market tends to be cyclical in nature and the FTSE 100 has an important weight on so-called exporters, so the direction of the pound, along with macroeconomic dynamics, are important drivers.

We have been arguing for some time that inflationary pressures were unlikely to be short-lived, partly due to the difficulty the UK is having in solving its supply-chain problems. Indeed, the focus on...