August was brutal for UK investors, with the FTSE100 and AIM indices declining 6% and 12% respectively. Triggered by fears over a deteriorating world economy, manufacturing Armageddon, sliding business confidence, Brexit and a protracted US-Chinese trade war. Worse still, there is presently more than $15 trillion of negative earning debt, with several pundits warning of an imminent recession (not our view) after both the US & UK yield curves briefly inverted last month. The good news is t
05 Sep 2019
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Mpac Group PLC (MPAC:LON) | 425 0 0.0% | Mkt Cap: 87.0m
- Published:
05 Sep 2019 -
Author:
Paul Hill -
Pages:
9
August was brutal for UK investors, with the FTSE100 and AIM indices declining 6% and 12% respectively. Triggered by fears over a deteriorating world economy, manufacturing Armageddon, sliding business confidence, Brexit and a protracted US-Chinese trade war. Worse still, there is presently more than $15 trillion of negative earning debt, with several pundits warning of an imminent recession (not our view) after both the US & UK yield curves briefly inverted last month. The good news is t