Disappointing year for UK equities

Almost regardless of what happens during the remainder of the festive season, this year seems destined to be remembered as a disappointing one for UK equity investors. The strong likelihood is that 2000 will turn out to be only the second calendar year, in the past 10, to see a negative return from the UK equity market. At times like these it pays to step back and consider somewhat more soberly the economic prospects and equity market outlook. Overall, UK equities have gone virtually nowhere for two years now and have been disappointing in an international context. Given the attractive ma...