Eamonn Mcginty
Eamonn Mcginty
United Kingdom
Good morning eToro, π™ˆπ™–π™§π™ π™šπ™© 𝙐π™₯π™™π™–π™©π™š πŸ“° π˜Ώπ™šπ™₯π™€π™¨π™žπ™© π™‰π™€π™©π™žπ™˜π™š πŸ’Έ π™‹π™šπ™§π™¨π™€π™£π™–π™‘ 𝙏𝙝𝙀π™ͺπ™œπ™π™©π™¨ πŸ™ π™ˆπ™–π™§π™ π™šπ™© 𝙐π™₯π™™π™–π™©π™š πŸ“° A quick note on the unrest in the middle east and how this is having an impact on our UK focussed portfolio of financials, housebuilders and energy. With the sudden and significant increase in global energy prices, the narrative now across the financial news outlets is the potential return of damaging inflation to the UK economy πŸ“ˆ This would, by extension, reduce the likelihood of any further interest rate cuts in the near future, which have been supporting asset prices over the last year or so. We could even see a return to interest rate increases if things do escalate and persist on the inflation front. However, for this to occur we really would need to see a sustained duration of energy price volatility and it's impossible to know at this stage how realistic a threat this could be. Our most exposed sectors to the threat of increased interest rates are our Financials, REITs and Homebuilders 🏦 In the meantime, we are seeing some positive balancing from our significant energy sector exposure πŸ›’ Whilst the situation continues to unfold, I'll be monitoring our portfolio for discounted opportunities in the most impacted sectors. π˜Ώπ™šπ™₯π™€π™¨π™žπ™© π™‰π™€π™©π™žπ™˜π™š πŸ’Έ I will be making my monthly deposit earlier than usual this month to ensure that we have maximum capital available to exploit any market opportunities. This month's deposit will be in the region of 1.5-2.0% and I expect to make this deposit within the next 48 hours. You will receive a notification from eToro when I do. You will have an opportunity to increase your own Copy proportionally. π™‹π™šπ™§π™¨π™€π™£π™–π™‘ 𝙏𝙝𝙀π™ͺπ™œπ™π™©π™¨ πŸ™ I know I have many Copiers and followers in the region and my sincerest thoughts go out to you all during this troubling time. I hope that you all remain safe and that peace returns to the region very soon. MCGINTYE Eamonn Mc Ginty ⚠️ Risk Warnings ⚠️ Your capital is at risk. Past performance is not indicative of future results. The value of your investments may go down as well as up. Copy Trading is not investment advice.
Not investment advice. The author may have financial interests in the mentioned instruments.
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