Don't put much stock in politics
The Sunday Mirror|July 07, 2024
Market will continue to go up, whoever is in No10
Don't put much stock in politics

Political parties have little impact on the stock market

So we have a new prime minister. After 14 years, the Tories are out and Labour is back in power.

Many investors are understandably concerned about the potential impact of this on the stock market.

However, I am here to reassure you that regardless of which political party emerged victorious, the stock market will continue its multiple decade-long upward trajectory, reflecting the value of capitalism.

INNOVATE

It's crucial to understand that the stock market is not a reflection of the current political climate, but rather the collective anticipation of future company earnings.

Companies adapt, innovate, and grow, irrespective of who is in power.

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Denne historien er fra July 07, 2024-utgaven av The Sunday Mirror.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.