March 2009
UK Equity Markets have rallied nearly 15% but is this sustainable? There can be no denying that the latest stimulus plans, announced primarily in the United States, have been welcomed by equity investors. The FTSE 100 has surged over 14% from the recent lows, but still 15% below year-end values. Likewise, the U.S. has rallied an even more impressive 19%. However, should we jump on the “everything’s fixed” band- wagon, or alternatively, worry that the light at the end of the tunnel is actually the headlight of the train hurtling towards us? Earlier in the year ,the announcement by the...
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