The FTSE hasn't done anything interesting since the fall of Lehmans. It's bobbed about a bit but, as your graph shows, there's been no serious deterioration since then.
That's not to say we're not due any more, but a lot of pessimism has already been discounted into the FTSE.
5 comments:
Losses, losses and more losses.
To think, it's over nine years since the FTSE peaked.
Hope no one bought into that cannard of holding on to shares for the long run.
Housing or the FTSE?
My pension fund had assets just bigger than liabilities. In March.
The FTSE hasn't done anything interesting since the fall of Lehmans. It's bobbed about a bit but, as your graph shows, there's been no serious deterioration since then.
That's not to say we're not due any more, but a lot of pessimism has already been discounted into the FTSE.
Post a Comment