Will we have a ‘Brown Bear’ market correction in 2018 (-45% like 1973/2001/2008) or a ‘Black Bear’ (better, apparently, -25% like 1957, great year, 1962 or 1978). Or just a correction. Or a Tommy Steele? (A Little White Bull market, kids ask your parents, and, yes, I just made that one up). Answer: who knows. Certainly not the fund managers.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
