Volcano eruptions… three party politics… Goldman Sachs…one might easily be forgiven for wondering what will unexpectedly pop-up next to change our perceptions of the 'status quo'…!!!

As the general election takes on a whole new slant (particularly after the televised party leader debates) a hung parliament now seems increasingly likely and there is much speculation regarding the potential impact that might have on our economic life, as individuals and collectively.

One certainty is that the next government will finally have to tackle our huge national debt… which undoubtedly means 'no pain without gain'.

Argyle has given a great deal of thought about whether we should take some defensive steps with your money, whilst the election is in process. However, we have concluded that nothing is certain and now is not the time for a knee-jerk response. World stock markets are still positive and already seem to have decided that life will effectively go on, as normal, whichever party is elected.

Ultimately, all governments need businesses to prosper… to improve employment and thereby generate more income… which means more revenue from taxation! Some volatility in the markets is likely over the coming weeks, but we believe it will not be prolonged and the country will continue on the road to recovery.

Broadly speaking, our view on future investment is that emphasis should shift more towards developing economies and we will therefore outline our precise recommendations for your portfolio shortly after the results of the election are known.

Our website contains links (via Asset TV) to interviews with key fund managers along with investment commentaries, such as Jupiter's India Fund, featured on the left hand side of this newsletter. Our objective is to provide you with greater opportunities to discover more about the people who are investing your money and the markets they invest into.

Please do not hesitate to contact us if you would like to discuss any financial matter.

Please use 0845 604 6285 to contact us with any queries or, alternatively you can send an email to: advice@argylefinancialgroup.co.uk