If anyone has an interest in talking markets up, it’s this chap, whose company specialises in ‘passive’ or tracker funds. If stock market indices go down, so do his funds. They’re cheap because there’s no clever fund manager trying to second-guess what might happen and they’ve done very well while everything has zoomed upwards. They could zoom downwards just as quickly. Read on, and you’ll see he’s currently serving his notice. With nothing to lose, is he vengeful or truthful? We’ll see.
‘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…).
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.
What next is a much better couple (or more) of years ahead. If you have investments, you’ll have seen a pretty sharp ‘uptick’ since November after a pretty sharp ‘not much happening or going down’ since the beginning of 2022. We’ve said many times that when things move, they can move pretty quickly.