Fears over inflation and the impact of a weak US dollar have seen markets worldwide badly affected since Friday, with the Footsie suffering its heaviest percentage decline for two years.
Channel Island share prices were not immune, with CI Traders, Flying Brands and Stanley Gibbons all sliding downwards on Monday.
Shaun Phillips, director of investor solutions at RBSI Treasury, observed that equities, particularly emerging markets, had seen a good run over the past three years, with the Nikkei up 40% at the end of last year and equities maintaining a steady three to seven per cent so far this year on the back of the global economy.
But interest hikes in the US and fears of inflation had created uncertainty for investors, resulting in Friday’s tail-spin.
