Global Markets – 4th quarter 2009 – a year divided

Many of us, when asked, would probably immediately respond that 2009 is a year that we would rather forget. The year started with extreme pessimism, following the most severe market correction since the 1930’s. However, since March, “green shoots” have started to emerge and, if we loo
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Looking back…

Six months have passed since I wrote the Finlaw News article about “Plunging down South to the Big Freezer” [end Feb 2009]. The message then was …“bailing out of your investments, turning back on your long-term investment strategies will only deprive you of the benefits of staying the
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Global Markets – 2nd quarter 2009 “Bull markets are born on pessimism..”

The late Sir John Templeton once said – “bull markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria”. According to Wikipedia, pessimism is “… a painful state of mind which negatively colors the perception of life, especially with regard to fut
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Plunging down south to the Big Freezer

“This is your Captain speaking … we have a 10 metre [35ft] swell on the Starboard beam driven by a 50 knot South-westerly wind. Conditions are going to be rough – so please take all precautions to secure yourself and your personal items in your cabin”. That was the news th
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