Scrutineer: Hold Onto Some Cash As the Toppy Market Continues Its Climb Paying Dividends
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Summary
HOW much of a bubble does a bubble have to become before investors see it as a bubble? Last week, the retiring Anthony Bolton, Britain's answer to Warren Buffett and an acknowledged successful investor with fund management group Fidelity, gave some uncomfortable views about the stock market.
Filtered through commentators linked to brokerages and fund management companies with an interest in keeping the current equity surge growing, it's not surprising his remarks have been dismissed.See the full content of this document
Extract
Scrutineer: Hold Onto Some Cash As the Toppy Market Continues Its Climb Paying Dividends
But does not the latest surge in the FTSE 100 - up 61.5 to 6,640.9 on Friday - thoroughly disprove his points?
That's all the more reason in my book to note what Bolton has to say.His concerns centre on the relentless surge of priva...See the full content of this document
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