Peter Hicks gives his views on investing in these volatile conditions
So now we are more than a year into this financial crisis, but the lengthy process of adjusting to a new, harsher, environment is just beginning. Asset prices are well down, business and consumer sentiment is depressed and the final nail in the coffin seems to be the Bank of England's admission, before official data confirms the case that we are in recession. Given the trauma of the past few months, investors are easily forgiven their sensitivity to the markets. Investments that were considered safe have been subject to losses; even bank deposits have at times looked in peril. Investors...
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