Markets Soar On Election Results

Markets Soar On Election Results.

In a reversal of our news yesterday where people took flight to gilts with concerns for an uncertain election and hung Parliament, the country has spoken.

We do not propose to repeat what most people know about the election result here but from an investment perspective, certainty in Government has meant a positive reaction in markets:

• Stock markets have roared back up
• Pound has rallied following losses yesterday

Whether your politics are red, blue, yellow, green or purple, the people have spoken and we have 5 years of government to follow.

We can expect more of the same for lower taxes, economic stimulus and lower spend on public services and health.

For investors, nothing has changed.  Markets will rise and fall many times over the next 5 years.  We will continue to issue investment alerts at trigger points for equity to cash park and back.