Investment Clock insights

Autumn Statement - Austerity Lite


Trevor Greetham

23 November 2016

This is austerity-lite but the economy hasn't slowed yet and we wouldn't be surprised to see more meaningful stimulus sometime next year. Keeping the economy moving is the best way to work down the debt burden and the government can borrow at an interest rate below the expected rate of inflation.

This is austerity-lite but the economy hasn't slowed yet and we wouldn't be surprised to see more meaningful stimulus sometime next year. Keeping the economy moving is the best way to work down the debt burden and the government can borrow at an interest rate below the expected rate of inflation.

The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author’s own and do not constitute investment advice.