With the Queen’s sad passing after a historic 70-year reign we can only offer our condolences to her family and share in the grief with the rest of the nation as the second Elizbethan age comes to a close.
During her lifetime she has lived & served through a world war; 15 prime ministers, outliving 8 of them; and, countless crises. As a public servant and regent she is unmatched in the longevity of her reign.
Whilst of lesser importance their will be some economic ripples from her death and we have written quickly what you can expect:
In 1952 there was an increase to the volatility around the days he passed in February, with an initial dip in Q2 of 1952 before ending the year on a positive return of 2.95%. This pattern won’t be repeated nor should it be treated as a prediction, more just a reminder that bad news doesn’t always precipitate bad returns.
Ultimately, the news of the Queen’s passing will have a far more social impact than economic but if you are concerned or have any queries around this please just get in touch.
Once again, everyone at Carbon Financial offers their gratitude for her service and shares in the grief for her passing.
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