Workers put tools down, but UK stocks go up
In today’s Exponential Investor:
- A review of an eventful year
- What exciting investment trends will develop over 2023?
- Find out in our final podcast of the year
A land war on European soil, three new prime ministers, the death of the Queen, and now a cost-of-living crisis that has seen the worst real wage growth since 1977.
The UK isn’t officially in a recession yet, but the Bank of England says we should assume one is here, and now saying it will last until the end of 2023.
Then there’s still the largest industrial action in 11 years to take place this week and next as nurses, Royal Mail workers, bus drivers, driving examiners, baggage handlers, ambulance crews, Border Force officers, rail staff and highway workers all go on strike seeking higher pay.
2022 has been one of the most eventful years in living memory, and it’s not over yet.
In saying that, while it has been a down year, it hasn’t been a bad year in the markets. You wouldn’t know it by the headlines, but the FTSE 100 is one of the best performing indices in the developed world.
So, put your festive jumpers on and join in as Sam Volkering and I recap a tumultuous year, but agree that it’s time to shift our focus to some exciting investment trends that will develop over 2023.
Click below now to listen to our final Exponential Investor podcast episode for this year.
From everyone here at Exponential Investor, we wish you a Merry Christmas and a safe and prosperous New Year.
Until next time,
Shae Russell
Co-editor, Exponential Investor