Why is the FTSE 100 doing so well?
Given the current global political uncertainty, coupled with an ever-escalating Islamic fundamentalist jihad causing atrocities around the world, why is the FTSE 100 sat virtually at an all-time high?
This is currently the most frequently asked question by my clients. I’m going to give you my best shot at an answer. Because it doesn’t stack up. Until recently, shocks like the kind we are seeing weekly would have the markets up and down like a yo-yo.
Actually the FTSE 100 just looks average in relative terms
First of all the FTSE 100 isn’t the stand-out best global stock market currently. Continue reading “High”