Or Watching Brief – Episode 2!
What the papers say
I have now absorbed the essence of the data produced at the year end by J P Morgan and published as a weighty guide with their opinions about what to expect in the year ahead. I have also read several media pieces from experienced financial journalists which are surprisingly consistent. The scribblers (I know, I know) are of the opinion that most markets look to be poor value, are overdue a setback and are subject to all sorts of headwinds. Much as I said at this time last year, in fact. But they all conclude that the ‘bull’s’ have control and momentum will keep driving the markets along.
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