I talked last week of the poor performance of the UK stockmarket. Here’s the positive view, that it could be a BOGOF-style, buying opportunity. Those fund managers taking the plunge are, so they tell us, carefully choosing which companies’ shares to buy. Some may have suffered from the markets’ ‘overall poor sentiment’ about our economy and its prospects. Others really may have no prospects. My investment advice, as ever, is to spread the love to avoid a broken heart.
“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.
