FTSE 100 vs Brexit and selling US stocks

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In this week’s Personal Finance Show podcast, the team are joined by Peter Elston, chief investment officer at Seneca Investment Management, and Dave Baxter, deputy editor of Money Management and Asset Allocator, to discuss how investors should prepare for potential volatility in stock markets next week.

Parliament will vote on whether to accept Theresa May’s deal and terms for exiting the European Union, and even as the bookies favour one outcome, how markets will react remains an unknown.

Dave discusses the merits of the Investment Association’s (IA) plan to include exchange-traded funds (ETFs) in its sectors alongside open-ended funds, while Peter explains why he’s been selling out of US and UK equities – and what metrics he’s using to decide asset allocation.

The team also discuss the latest statistics showing what investors were buying and selling in October, giving some insight into why it was such a bad month for markets, and what this means for the future.

As ever, our podcast is available across different distribution channels to allow you to access it in the most convenient way. Find us on Soundcloud, Acast, Stitcher and iTunes.

2018-12-07 08:29:00

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