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Rate rise worries are back, why shares in UK banks were hit and thoughts on the market from Alliance Trust

AJ Bell Money & Markets

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The Shares in Supermarkets Have Been Negative Over Last Week

I remember going into the supermarket sort of on the cusp of lockdowns where shells had great big gaps on them. Morrison's and Azda announcing that they're limiting sales. Tesco and Stainsbury so far have said they're not experiencing these issues. Marks and Spencer's actually was the only one that made gains yesterday because it put out a statement saying it wasn't experiencing any shortages. But for everybody thinking about inflation of course when you have shortages what happens prices go up. Yeah so it's a very sort of complex situation I think lots of people are hoping that we're in a situation where inflation is coming down.

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