Ten things to tell your clients this year
- On January 4, 2023
- By GrowthInvest Marketing
What should advisers be telling their clients as we head into 2023?
Three of the senior team from Hargreaves Lansdown have pulled the cloth from over their Bristol ball (like a crystal ball, but based in Bristol) to highlight 10 things that investors ought to know.
1. Inflation is set to stay sticky
Susannah Streeter, senior investment and markets analyst, said: “Supersized rate hikes now appear to be in the rear-view mirror, as data filtering through indicates that the rate of price growth is slowing.
“But although inflation may have reached the peak, that doesn’t necessarily mean it’s a smooth downwards path from here. There is still the potential for plenty of pain ahead, as stubbornly high prices continue to cause severe headaches for the economy.
“Although a recession will dampen domestic demand, many of the inflationary pressures have been external, and as Russia’s offensive continues in Ukraine and energy prices stay unpredictable, it’s not certain how quickly prices will come down.
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