Can the FTSE 100 break 7,000 this year?

Ian Brady Cio, Oaktree Wealth Management The FTSE 100 would need to advance a little less than 4% from its 2013 year-end close to breach 7,000 in 2014. Thus, even with a multiple contraction due to US tapering and/or UK interest rate fears, this magnitude of advance does not seem improbable. The FTSE 100 has been the laggard index of the last two years, significantly trailing the FTSE All Share and truly being left in the dust by the small- and mid-cap indices. This makes it significantly cheaper than other smaller indices on a price to earnings basis. Those with long memories will ...