Market snapshot: continuing on a languid path
newscatcher
2023-08-18 08:31
Market snapshot: continuing on a languid path
Markets continued on a languid path as the list of concerns showed little signs of abating. US markets have been slipping after a strong first half of the year and have now hit something of a brick wall in the absence of any positive catalysts. There are still signs of strength in the economy, with the corporate reporting season having widely beaten expectations and with the consumer still in rude health and in the mood to spend. Invest with ii:  Top UK Shares  |  Share Tips & Ideas  | Cashback Offers However, this very strength has altered the narrative for investors who had been hoping to factor in some interest rate cuts in the new year.

https://www.ii.co.uk/analysis-commentary/market-snapshot-continuing-languid-path-ii528912

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