Thomas Carroll’s Wealth Management team, in conjunction with our research partner, Square Mile, have issued a review of the current financial markets.
The UK economy shrank by 9.9% in 2020, but is expected to rebound by 4% in 2021 and by more than 7% in 2022, aided by government borrowing, according to the independent Office of Budget Responsibility. Across the pond, the OECD and the Federal Reserve now expect the US economy to grow by 6.5% in 2021, spurred on by the approved fiscal boosts and spending packages to help the country recover from the COVID-19 pandemic.
In our latest update, we discuss the factors that have impacted recent financial markets and share our predictions for what is to come.
Click below to read the full update:
