The main focus for financial markets is the likelihood of further economic sanctions on Russia, with a potentially significant impact on energy, food and metals prices.
Having expected only a few months ago that there would be just one or two US rate hikes in 2022, the prospect of seven rather than the usual opening salvo of a quarter point rise.
Look at a five-year chart of any market and it’s tempting to ask: Pandemic, what pandemic? Hindsight is a wonderful thing, and few were brave enough to jump back in immediately after the pandemic plunge.
If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice.
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