There haven’t been any ‘markets plummet, £billions wiped of the value of your savings’ headlines this year. I guess there’s been other stuff going on to keep the headline writers busy. However, markets have fallen, the FTSE World index is down by more than 8% since Christmas, over Omicron, inflation, interest rate and Putin worries. And because what goes up always comes down, and everything went up a lot last year. Ironically, our stock market is up this year. Oil companies are raking it in and we have them in the FTSE 100. Anyway, advice is (as you’d expect), don’t panic, you’ve only ‘lost’ money if you sell when everything’s down. And everything will go up again. It always does.
“Stocks surge and yields stabilise as Trump tariffs paused”
“The reason our stock market is so successful is because of me. I’ve always been great with money, I’ve always been great with jobs, that’s what I do”, said the man himself about (of course) himself. And, yes, one tweet, if we’re still allowed to use that old Woke term, on Truth Social can indeed send markets firmly up as well as down.
