Outlook is attractive for UK equities

By Jon Thornton, head of UK equities at Aberdeen Asset Management While the economic and geopolit...

By Jon Thornton, head of UK equities at Aberdeen Asset Management While the economic and geopolitical implications of the events of 11 September remain uncertain, what is clear is that corporate earnings visibility has deteriorated even further. The terrorist action against the US has seemingly deepened and extended the already threatening global downturn and has had a clearly negative impact on US consumer and business confidence at a time when this was already low. Nevertheless, with the US inventory cycle and production downturn already extremely mature and the global monetary pol...