Do not believe thebear market hype

Professional Adviser
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Although it is extremely difficult to identify in general terms the bottom of the UK equity market, careful stock selection can build a portfolio that is particularly well suited to the recovery phase

The bull market days of 1999 seem long gone. The UK equity market recorded a dismal third quarter, losing a fifth of its value in the three months to the end of September, having almost halved from its peak. The boundless optimism of three years ago has given way to doom and gloom among analysts, and investor sentiment is close to rock bottom. We are clearly in a difficult investment environment, with investor confidence knocked by doubts about the sustainability of the US economic recovery, poor economic news from Germany, corporate profits warnings and the dark shadow of potential wa...

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