Each month our investment team provides a summary of stock markets around the world. We analyze what has happened, what we think will happen, and how best to position portfolios for their optimum risk-adjusted return.
After a shaky start to October, global markets rose to near record highs, bolstered by a strong set of third quarter earnings reports. Here in Britain, we had a budget that will raise the overall tax burden to its highest level since the 1950s. In Washington, Congress managed to kick the debt ceiling deadline into December, while Biden fought