Thera In the press
For any press enquiries or for comment, please contact: Philip Dragoumis, Director & Independent Financial Planner philip@therawealth.co.uk
12 Apr 2023
Could falling US inflation allow the BOE to reverse rate hikes?
Philip Dragoumis, owner of wealth manager Thera Wealth Management, commented: "Inflation is a 2022 story and not just in the US but also in the UK and Europe. Interest rates have been hiked so much that banks are going bust. The issue now is growth, or rather the lack of it. All the indicators are pointing to growth slowing and even a possible recession. The central banks can either start acknowledging this now, or just make it worse by continuing to hike."
22 Feb 2023
Short duration bonds most popular with financial advisers
Philip Dragoumis, director and owner at Thera Wealth Management, said the firm's approach to fixed income depended on the client, their investment term, objectives and their risk tolerance. He added: "We believe in duration matching so clients who are happy with some volatility and are investing long-term in their pensions can be certain of the yields they can achieve and that returns can at least match or beat inflation.
23 Nov 2022
ONS report into wages and inflation – professional and scientific sectors keep pace, retail, property and finance suffer
Since May to July 2022, the professional and scientific industry has been the only one where regular wage growth (excluding bonuses) has remained higher than inflation; sitting at 10.1% in July to September 2022. This means average wages in the industry in this period were 10.1% higher than the same period the previous year.
