RedFox Blog: How Are We Doing ?

Post 275 22/10/18

With Brexit raging in the UK and overseas investors are racing to finalising deals there is always one way of a dead cert in the financial markets. When there is a political story that increases the risk of a government in trouble the money markets move their currency to a better and safer place. These can be different countries and these countries can be found in the southern hemisphere or in Asia. The safe harbour and the balanced economy is the only way of gaining profits with the safer markets. The UK is not one of these and nor is the USA.

With increasing debts paid in loans to the government is getting out of control then is the time to find that safer harbour. Australia is a very safe currency bet at the moment. Nothing has rocked the boat as yet and the markets are very stable as at the present. The Australian government has not run up a huge borrowing bill and therefore beats their rivals in the stable economy class. The same could be said of Japan. As there is no political crisis there it is the best places to invest column. Out spoken yes but its true.

Money markets can be a funny place to be at the moment. The pound may soar one day but! the next day its very much on a downward spiral. The more stable your countries economy is then the more interesting your country should be for foreign investors.  But saying that the UK’s Budget is very shortly coming and then the pound should be in a safer harbour then. So please make sure that your currency is in a safe place during this unsafe period in the money markets. And How is your money doing these days ?