Investors should be ‘stagflation-proofing’ their investments now, warns the CEO of one of the world’s largest independent financial advisory organisations.
The Pound remained stable against the Dollar on Monday, hovering near the multi-year peak reached last week ahead of Thursday’s Bank of England policy announcement.
The US Dollar strengthened on Monday as cautious investors sought refuge amid rising tensions, though the modest gains indicate that markets are awaiting Iran’s reaction to recent US strikes on its nuclear facilities, which have intensified the Middle East conflict.