Podcast Summary
Effectively find candidates on LinkedIn for small businesses: LinkedIn is a top platform for hiring professionals, with 70% of users not actively seeking new opportunities. Prepare for inflation with a predicted headline rate of 3%, and enjoy savings on engagement rings with BluNile.com's promotional offer.
LinkedIn is a valuable resource for small business owners looking to hire professionals, as over 70% of its users don't visit other leading job sites. This makes LinkedIn an effective platform for finding candidates who might not be actively searching for new opportunities. Additionally, inflation is on the rise, with economists predicting a headline rate of 3% within the next year. This increase is due to factors such as rising petrol prices and the effects of the weak pound on imported goods. Investors, savers, wage earners, and shoppers should be prepared for this trend and consider adjusting their financial plans accordingly. Finally, for those in the market for an engagement ring, BluNile.com offers a convenient and customizable online shopping experience with a promotional code for $50 off purchases of $500 or more.
Economic Shift Towards Higher Inflation: Impact on Investors and Economy: The UK economy is experiencing a shift towards higher inflation, impacting savings accounts and bonds less but affecting investors in inflation-linked gilts. Consumers may face a decrease in real income growth, but wages could eventually rise as employers respond to inflation.
The economic landscape, particularly in the UK, is experiencing a shift towards higher inflation. While the pound may eventually stabilize, the upward pressure is expected to fade, leading to a hump-shaped profile. However, not all interest rates will be affected. Traditional savings accounts and government bonds may not see significant changes. But, investors looking for protection against inflation can consider inflation-linked gilts, which offer 100% protection from inflation. Looking at the broader economic implications, the return of inflation could significantly impact the UK economy. The consumer, who has been the primary engine of growth, may experience a decrease in real income growth due to inflation eroding purchasing power. This could lead to a drag on overall economic growth. However, some argue that the glass half full perspective, which has dominated economic data releases since Brexit, could also prevail. Wages, which have been stagnant despite low unemployment, may eventually see an upward drift as employers are forced to increase wages to keep up with inflation. However, this may not occur immediately. Employers may choose to wait and see how the situation unfolds before making significant wage adjustments.
The Asian Century for Investors: Economic power is shifting towards Asia, offering potential investment opportunities but requiring careful consideration due to diverse markets and political influence.
The coming years could see a shift in economic power towards Asia, with significant implications for investors. Economist Alan Clark predicts that consumers may start seeing relief from economic pressures in 2018. Meanwhile, FT's David Stevenson argues that this century could be the Asian century for investors, thanks to growing consumer markets and political influence in the region. However, investing in Asia can be complex due to the diverse range of countries and markets involved. As Stevenson notes, investors must decide whether to include or exclude Japan from their investments, and must choose between funds that invest in specific countries or regions. Overall, the trend towards Asian economic dominance is a key consideration for anyone looking to invest in the coming years.
Investing in Asia Pacific: Choosing Countries and Managing Risks: Navigating Asia Pacific investments involves selecting countries, acknowledging risks, and implementing diversified investment strategies through ETFs or mutual funds.
Navigating investment in the Asia Pacific region requires making active decisions regarding focus on specific countries like China, Japan, and Australia, as well as considering potential risks such as geopolitical conflicts and corporate governance issues. While the region offers significant growth opportunities, these risks could have direct economic and investing consequences due to strong collective bonds of trust and trade among countries. Investing directly in individual equities can be risky, as demonstrated by Samsung's recent issues. Instead, investors might consider other methods like exchange-traded funds (ETFs) or mutual funds to gain diversified exposure to the region while mitigating some individual company risks. Ultimately, a well-thought-out investment strategy that balances potential rewards and risks is crucial for successful investing in the Asia Pacific region.
Asian stock picking complexity calls for actively managed funds: Considering actively managed funds, deciding between growth, value, or total return, including Japan, and opting for a diversified fund manager are better options than individual stock picking in Asia.
Individual stock picking in Asia can be risky due to the complexity of individual nations and their markets. Instead, considering actively managed funds is a better option. When it comes to actively managed funds, investors must decide between growth-oriented, value-oriented, or total return funds. Additionally, investors should consider including Japan in their fund and opting for a fund manager who is willing to explore opportunities outside of China, in places like Vietnam. The launch of the Lifetime ISA in April 2017 is a new initiative aimed at helping millennials save for the long term, but it comes with restrictions on how the funds can be used.
Competition between LISA and auto-enrollment pensions: The introduction of LISA may complicate savings choices for young people, potentially diverting savings away from pensions and making it harder for individuals to understand the long-term benefits of pension savings.
The introduction of the Lifetime ISA (LISA) could potentially undermine the success of auto-enrollment pensions among young people, as the LISA may be seen as a competitive product and could divert savings away from pensions. Critics argue that the LISA, which allows individuals to save for both retirement and a first home, risks adding to the complications of an already crowded savings product line rather than simplifying them. While encouraging young people to save is a positive objective, the potential competition between the LISA and auto-enrollment pensions could make it harder for individuals to navigate their savings options and understand the long-term benefits of pensions, particularly given that people are living longer than previous generations.
New savings scheme LISA may not benefit those with lower incomes: The LISA, a new savings scheme, may not be the best solution for those with lower incomes due to its cost coming from those with existing savings. Some suggest focusing on increasing taxpayer funding for those with least savings instead.
The Lifetime ISA (LISA), a new savings scheme aimed at helping people save for a first home or retirement, may not be the best solution for those with lower incomes. The cost of the LISA is expected to come from those who already have savings, potentially taking away resources from those who could benefit more from workplace pensions. Some argue that the government should instead focus on putting more taxpayer money into helping those with the least savings. The implementation of the LISA is set to begin in April, but there is a call for a pause and the establishment of a savings commission to simplify the savings and pensions infrastructure and help people save for their houses and retirement. The short consultation window for the industry and the ongoing rollout of the workplace pension provide an opportunity for the government to delay the implementation of the LISA until a later date.
Being extra in health care and Mother's Day gifts: UnitedHealthcare's plans help manage health care costs, 1-800-Flowers offers discounts on Mother's Day gifts
Being extra can be beneficial, especially when it comes to health care. UnitedHealthcare's Health ProtectorGuard fixed indemnity insurance plans, underwritten by Golden Rule Insurance Company, help supplement your primary plan by managing out-of-pocket costs without usual requirements and restrictions. In the realm of health care, it's worth being a little extra. Meanwhile, Mother's Day is a time to give back to the amazing moms in our lives. 1-800-Flowers makes it easy to celebrate with handmade bouquets, sweet treats, gourmet food, and unique gifts. For a limited time, enjoy up to 40% off Mother's Day bestsellers at 1-800flowers.com/acast. Don't miss out on this opportunity to express your appreciation and save. Lastly, if you've enjoyed this discussion, consider checking out the Feet's currencies podcast, where I discuss the latest market trends with industry experts every Thursday at ft.com/podcast.
![How to leverage technology to hire better [Episode 2]](https://www.podcastworld.io/podcast-images/growth-leaders-hd1iq8d4.webp)
