Daily Archives: August 29, 2018


August Stock Purchase – Politics And The Pound

August has been all about the Pound. The value of sterling has continued its recent downtrend owing to the UK and EUs inability to make any headway in the Brexit negotiations. As the negotiations stretch out and the deadline quickly looms, investors are pricing in a no deal scenario and this has essentially lead to the destruction in value of the pound. The importance of the Pound can not be underestimated when it comes to investing. Since the Brexit vote, there has been an inverse relationship between sterling and U.K. stocks. As the pound weakens, stocks tend to go up. When the pound strengthens, UK equities tend to go down. […]