Markets are down. Just one of those things or the onset of armageddon? In the year 2000 (cue song), when the first Great Tech Bubble burst and markets tumbled, I remember writing that it would blow over in a few months, don’t panic, hang on in there etc. Then 9/11 happened, then we invaded Iraq and it was four years before the graph turned up again. So if there’s a lesson from history – and, believe me, it won’t be long before those events hit the GCSE syllabus and you’ll suddenly feel very old – it’s to expect the unexpected. But still, don’t panic; and hang on in there.
“Are US stocks bubbling up?”
‘I’ve seen how much the S&P 500 has gone up, why haven’t my investments done the same?’, I’ve been asked a few times now by clients who’ve done their homework (‘Clever Clogs’? You may think that…).
