01278788646 enquiries@pwcltd.co.uk

July 2020 update: A better second half of the year?

3rd July 2020

Could the second half of 2020 be worse than the first half? Had it not been for the pandemic, focus in the second half of the year would have been turning to the Brexit trade deal negotiations and the US Presidential election as sources of unknowns and potential volatility. These risks still exist but the fallout from the pandemic, and the risks of a second wave are the dominant concerns.

Markets got a little ahead of themselves in June, pricing in a perfect v-shaped economic recovery, before falling back reflecting the uncertainties. However, as with the reduction in UK deaths and UK cases, there is progress in the markets. As many businesses re-open tomorrow (4 July), we look for confirmation of the green shoots of economic growth despite the coming announcement that the technical definition of recession (two quarters of economic contraction) has been met.

This month we publish our Summer Newsletter as well as our July Investment Commentary.

Midsummer Dusk at Burnham Sea Front

      CII Chartered logo

Positive Wealth Creation Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 481182 http://www.fca.org.uk/register.

Positive Wealth Creation Ltd Registered Address: 55 Victoria Street, Burnham on Sea, TA8 1AW. Registered in England & Wales, No. 4802683.

Neither Positive Wealth Creation Ltd nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.

The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at http://www.financial-ombudsman.org.uk.

The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.

Please read our Privacy Statement before completing any enquiry form or before sending an email to us.