EQUITIES FALL WITH RATE RISE UNCERTAINTY
The fallout from the general election continued this week with the various candidates throwing their hats into the ring to be leader of either the Labour or Liberal party, while UKIP went into meltdown. While this is entertaining for politics fans, it has little impact on investors for the next four and a half years. More worrying is the reversal in gains from UK equities following last week’s vote as fears of uncertainty over the election result have been replaced by the familiar fear of uncertainty over an interest rate rise. Read More…..