State of Play. 26 October 2023
Too good to be true
The COVID-19 pandemic and its impacts are still being felt today, whether this be in those who tragically lost loved ones or those who still suffer long-term health issues. The financial consequences, apart from the additional huge burden of debt, have been disruption to the global supply chains and the return of inflation, which prompted the increase in global interest rates. The lesser-known consequence of people sat at home during lockdowns was a whole generation of new investors exploring the financial world, unaided and tempted by the spoils available through social media and online investment apps.
Simon Durling, Santander Asset Management UK’s senior investment specialist shares his thoughts in this week’s State of Play.