Post Budget 2008 Investment Advice: hold your nerve and keep a steady hand on the tiller
After analysing the response of the stock market to the Chancellor of the Exchequer’s first budget yesterday - keeping a level head and steady financial nerve is at the very least wise advice indeed. Alistair Darling’s body language is leaking a message which is unsettling folks everywhere it appears.
After the budget fearful investors seem to be responding negatively to his assurances that the UK economy is still robust enough to weather the deepening credit storm racing at us from across the Atlantic. High spring tides have been pounding British homes with blistering storms in the last few days and March certainly has come in like a lion. Many feel the markets are reflecting similarly severe financial ‘weather warnings’ here in the UK for the rest of the year.


