Anybody who has tried to hold an inflatable beach ball under the water knows that your arms will get tired long before the ball will. This analogy sums up what is happening with the FTSE 100 index currently. Johnnie Foreigner keeps pushing the FTSE 100 down with all his European bad news, but at the slightest whiff of good news the market rises swiftly. Not that you would know this by reading a newspaper or watching the TV; good news is no news. “The FTSE 100 rose by 3% again yesterday adding £4.1 billion to investors pockets”. Continue reading “Yo-yo Markets”
Yo-yo Markets
