There haven’t been any ‘markets plummet, £billions wiped of the value of your savings’ headlines this year. I guess there’s been other stuff going on to keep the headline writers busy. However, markets have fallen, the FTSE World index is down by more than 8% since Christmas, over Omicron, inflation, interest rate and Putin worries. And because what goes up always comes down, and everything went up a lot last year. Ironically, our stock market is up this year. Oil companies are raking it in and we have them in the FTSE 100. Anyway, advice is (as you’d expect), don’t panic, you’ve only ‘lost’ money if you sell when everything’s down. And everything will go up again. It always does.
“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.