S&P downgrades the U.S. as the fourth worst week of all-time for the FTSE 100 ends… Saturday mornings were made for reading all about it!
The Investor
Should we be as worried as the markets are about equities, or should we more fear low bond yields? It really depends on our time horizon.
It’s a torrid time for stock markets, but why would anyone sane prefer to buy government bonds at historically tiny yields?
I’m finally worried by the sovereign debt fears that have stalked the world for three years, but my concern is in the small print.