The last six months have seen unprecedented volatility in the world's stock markets. Led by strong d...
The last six months have seen unprecedented volatility in the world's stock markets. Led by strong demand for New Economy growth stocks, and in particular TMT stocks, markets reached record highs. Equally, the subsequent downward correction in technology stocks was as indiscriminate as during the bull phase, with valuations being questioned. Interest rate rises also contributed to this volatility with pre-emptive rises to combat increasing inflationary pressure from monetary authorities around the world. The short-term outlook for markets is finely poised. Recent economic figures in the U...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes