Market Review: Weathering the Storm
Weather the storm: to deal with a difficult situation without being harmed or damaged too much (Merriam-Webster)
More drama and turbulence for investors to contend with as the third quarter, notably September, provided some of the most chaotic and historic asset price moves in living memory.
Investors continue to grapple with the growing prospect of a G7 recession amid stubbornly high inflation, the biggest downturn in China’s property market in three decades, and the ongoing hot war in Ukraine which presents the biggest risk of nuclear conflict since World War 2.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.