As the market drifts into its summer slumbers, its perhaps time to look back over the last few month...
As the market drifts into its summer slumbers, its perhaps time to look back over the last few months and assess what has happened and decide what we should be doing during a quiet summer to position our portfolios for the autumn. After many months of market leadership, the bubble of technology prices finally burst in March. This coincided with the final demand surge from newly launched retail technology funds. Valuation between the hot new areas of the market and many old world sectors had reached truly absurd proportions. Confronted with Vodafone or George Wimpy - the house builder a...
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