2 Mar 2016

FTSE 100 - NOT amateur radio

Yet again the FTSE 100 UK share index is up on yesterday at 6163.97. It rose sharply earlier, but has been falling for a while. I guess it could go negative later. With so much uncertainty I think it will fall sharply soon, although I am frequently wrong! In this case, I very much hope I am proved wrong. Looking at China and Greece I somehow think that emotion rather than reality is driving the markets at present. Sooner rather than later the world will wake up to several facts:
  1. Growth cannot go on for ever with limited resources.
  2. Oil will run out.
  3. The population has yet to peak in the world.
  4. All the world needs feeding
  5. All the world deserves a decent standard of living.
 UPDATE 1142z:   The FTSE 100 is currently -0.33% on yesterday.

1 comment:

  1. FTSE is simply tracking oil price.. take a look at the 3 month graphs, nothing really happening except holding of breath for China, Greece and most of all... JAPAN! G6AIG

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