The FTSE hasn't done anything interesting since the fall of Lehmans. It's bobbed about a bit but, as your graph shows, there's been no serious deterioration since then.
That's not to say we're not due any more, but a lot of pessimism has already been discounted into the FTSE.
This is one crash that no one wants to talk about. The FTSE is down 30 percent since June. 
Losses, losses and more losses.
ReplyDeleteTo think, it's over nine years since the FTSE peaked.
ReplyDeleteHope no one bought into that cannard of holding on to shares for the long run.
Housing or the FTSE?
ReplyDeleteMy pension fund had assets just bigger than liabilities. In March.
ReplyDeleteThe FTSE hasn't done anything interesting since the fall of Lehmans. It's bobbed about a bit but, as your graph shows, there's been no serious deterioration since then.
ReplyDeleteThat's not to say we're not due any more, but a lot of pessimism has already been discounted into the FTSE.