The Markets
Comments Off on The MarketsThe UK’s services sector has expanded at its fastest pace since December 2006, a survey has indicated.
The UK’s services sector has expanded at its fastest pace since December 2006, a survey has indicated.
The past few weeks have seen markets react to apparently even the slightest hint that their current stimulant of choice might just start to be restricted in its supply in the USA. The Quantitative Easing (QE) programme has certainly been a catalyst to push more money into the equity markets and has provided a level of confidence that was definitely missing just three years ago. However, the market fears that any sudden withdrawal would erode all of this swiftly and we could return to those fretful and volatile markets of that period.