The Cambridge Weekly – 20th September 2021
End of the re‐opening honeymoon
We are halfway through September and investors have not experienced a continuation of the positive returns picture of the summer months. This is despite COVID restrictions gradually lifting (not only in the UK) and an on‐track economic recovery resulting in record numbers of jobs and demand outstripping supply in many places. Investment portfolios are only marginally down for the month, and still sitting on very healthy return cushions for the year so far. However, as noted in recent weeks, economic growth momentum has hit a bit of an air pocket, and talk has died down about the imminent arrival of the ‘Roaring Twenties’.
Energy special: Why energy prices matter right now
Though policymakers have debated the dangers of climate change for decades, the pace of real change has been historically slow. But many expect that pace to pick up considerably in the near future, accelerated by growing political discontent and kicked into overdrive by the pandemic. Across the developed world, governments and businesses are committing to a rapid reduction in emissions (nations representing 70% of global emissions are committed to net‐zero by 2050 or 2060, according to the International Energy Agency (IEA)).
This material has been written on behalf of Cambridge Investments Ltd and is for information purposes only and must not be considered as financial advice. We always recommend you seek financial advice before making any financial decision.
Past performance is not a guide to future performance.
The value of your investments can go down as well as up and you may get back less than you originally invested.
Source of financial market data: MorningstarDirect.
