Fund manager's comment/Jason Whitaker
It risks understatement to say that the past year and a half has been a volatile time for financial markets in the US. After the technology 'bubble' finally burst in March 2000, equity markets went sharply into a retreat that lasted at least until 4 April this year ' and may not, in fact, be over. There has been considerably more uncertainty in US markets over the past 12 months than for several years. Despite this, there are plenty of data points for market commentators to grapple with and with which to construct plausible arguments. This has led to a cacophony of opinions ranging f...
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