As one astute market watcher commented to me last week: "You know there's nothing really wrong in ...
As one astute market watcher commented to me last week: "You know there's nothing really wrong in the stock markets when it makes the main BBC news at 10pm." On that basis alone we are at our most positive on the outlook for the markets since last September and it's not as irrational as it might at first seem. Think back less than three years to the collapse of hedge fund LTCM or the Russian debt crisis and the BBC News kept talking about "meltdown" in the world's stock markets. Meltdown whatever that really is never came and these two incidents proved to be mere blips on...
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