May saw further unwelcome volatility in most stock markets. Reassuringly, inter-month losses were typically recovered by month-end, with a number making some modest progress. The FTSE 100 was again one of the leaders globally, as its oil and banking sectors pushed the market higher.
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Baby boomers – those born between 1946 and 1964 – are likely to be approaching or already in retirement but nearly half (49%) of them are still working.
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April proved to be another volatile month, with most of the major stock and fixed interest markets weakening over the period on concerns about economic growth and inflationary pressures. The FTSE 100 remained a notable outperformer making modest gains, helped by its oil exposure, and by the weakness in the pound, which fell some 4.5% over the month against the US Dollar.
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With unpopular tax rises scheduled for the new tax year, and Russia’s war further damaging Coronavirus-ravaged economies and placing the world’s reliance on fossil fuels once more centre stage, what could the Chancellor do to address these huge issues? Keep reading to find out.
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