Worldwide Financial Planning

This week has been dominated by two events – the US presidential election and Brexit, both of which have been moving the markets significantly.

This week has had international investors fleeing from visions of a bleak post Brexit wasteland;

A recent report by CEBR on behalf of Saga, shows that over the last five years people over 50 have increased spending on travel by 23% (1).

In 2015 the over-50s spent £39bn on travel, well over half the UK’s total holiday spend (1).

Stock markets around the world have reacted with fear and trepidation to the ongoing financial misery at Germany’s largest lender.

We are still in the phoney war of the Brexit negotiations, with the papers full of conflicting rumours about the Government’s intention and those of the EU’s negotiators.

It’s at this time that it’s worth remembering the famous Donald Rumsfeld quote: “There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know.”