“Stock markets slump over recession fears”

May 20, 2022 | Economy

This was yesterday’s business news. Today’s was ‘Share Prices Stabilise’, after a ‘weak and extremely volatile trading week’. If it’s any comfort, most fund managers are not expecting a recession and tell us that stock markets (which, for these purposes, we have to accept have a mind of their own) want, expect and have priced in more rises in interest rates. And they’re actually far more bothered about that than the other stuff (not being able to turn the heating on, nuclear armageddon etc.) about which many and most of the rest of us are worrying. So, if you’re already invested, stay put. If you’re not and you’re thinking about it, well, now might be as good a time as any…

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