Pottering About
As we get to the end of a stock market ‘season’ – the Summer quarter – I thought it would be useful to look back and see what has happened in the last year or so.
I usually see no merit in reeling off a lot of numbers telling you how much each market moved last month, quarter or even year.
What I think will be interesting is to see to what extent markets have ‘priced in’ the risks we have known about for most this year (Brexit, tariff wars and slowdown in Germany, for example) and to try and work out if markets, like the British public have got overly used to the never ending political uncertainties.
If markets are just taking the risks as ‘baked in’ then we might have to worry about that.
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