'Political uncertainty significantly exacerbated'
UK income hunters face headwinds of historical proportions: 10-year gilt yields hit an all-time low of 0.5% on 12 August, accompanied by a similarly record-breaking feat from sterling corporate bonds of 2.3%.
There is a sad corner of hell reserved for those investors (me included) who spend a large amount of their time scrutinising the tables showing 52-week lows and highs for individual share prices.
Recessions are unpleasant, but they are a part of the normal economic cycle and have an important role to play to ensure competitiveness and productivity remain strong, says Hector Kilpatrick, chief investment officer of Cornelian Asset Management.
John Ricciardi, CEO of Kestrel Investment Partners, explains how shifts in investor perceptions of UK inflation could affect markets over the coming months.