24 Aug 2016

FTSE 250 - NOT amateur radio

Many think the FTSE 250 share index is a good guide to the health of the UK economy. Well, it is up again to 18,016.59, which is a gain of 0.19% today thus far. I am not a gambler, but it has certainly not collapsed since the BREXIT vote to leave the EU in June.

Our future is not certain, but I have the feeling the UK will be OK. As for the EU I am less sure. By the way, I voted "remain"! No, in the medium term I think the outlook for the EU is far from certain. It would not surprise me if it all fell apart within 5 years.

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