UK MARKETS IGNORE ELECTION NOISE
This week’s news flow has been dominated by the general election, with even usually sensible commentators jumping to predict the market impact of every new announcement. With little to differentiate the three main parties and little reason to listen to the three fringe ones, the next few weeks are going to drag out. Despite repeated assertions that we’re facing the most uncertain election for a generation the market seems relatively relaxed. Volatility has been up slightly but the FTSE continues to power away which at the time of writing was still above 7000, perhaps confirming how little difference the vote is likely to make. Read More….