Chart of the week: Will Brexit have a global impact?
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Traditional defensives have kept pace with economically sensitive sectors through the long and fitful post-crisis recovery. Some ‘defensives’ are decidedly expensive, and investors may need to broaden their search for safe havens.
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Markets have stabilised after the ‘Santa slump’ experienced into the year end, helped by comments from US Federal Reserve (Fed) officials suggesting they are moving towards more dovish market expectations.
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The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.