Despite another mark-down in capital values this month, Bull and Bear are confident that 2023 will be a good year for dollar-denominated overseas investors who have ambitions to buy into the UK market.

They are particularly heartened by the Economist’s Big Mac Index which suggests that the fall in the pound’s exchange rate may have been overdone.
They also reflect on how quickly the UK is inclined to mark-to-market capital valuations … way ahead of other countries, which invariably leads to a swifter and more pronounced bounce-back.
Enjoy your Sunday, even if you may be watching the rest of the FIFA World Cup through rather less enthusiastic eyes.