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Gerard Lyons says, "Monetary easing should be the main story of 2024, reflecting the disinflationary global environment," in The Times' survey of economists.
Netwealth's chief economic strategist, Gerard Lyons, says that "...in 2024, wage
growth should exceed inflation and allow living standards to improve."
Gerard Lyons says that policymakers stuck with this 'bad' tranche of QE, "even though it was quite clear that it was not only not working but exacerbating the situation".
Charlotte Ransom answers the question: "I worry about covering my mum’s care costs – how can I manage my money to help?"
“A perennial problem for the economy has been low investment,” Gerard Lyons, chief economic strategist at Netwealth commented.
"The economy is in a fragile situation and thus the Statement provided a welcome fiscal boost to the economy focused on demand and investment," says Gerard Lyons.
Iain Barnes, chief investment officer at Netwealth, believes gilts performed poorly over the past year due to what he calls an “inflation shock” in the economy, which he felt gilt price declines were a reaction to.
“The alarming reality that nearly half of respondents, who are aged 40 and over, haven’t even considered what they will need in retirement is of huge concern," said Netwealth CEO and founder, Charlotte Ransom.
