With markets almost twice their level at the pandemic low last March and Wall Street enjoying its longest run of record highs since the 1960s, there’s lots of talk of FOMO right now.
Twenty years ago, during the dot.com bubble, we learned that the last few months of a bull market are the most profitable but also the riskiest.
Banks, too, have benefited from the ending of restrictions on shareholder payouts and buoyant markets.
Over here the latest monthly print on Wednesday will confirm that inflation is back on the radar and looking less and less ‘transitory’.
Price rises were at this level in the late 1960s before taking off with a vengeance in the following decade.
Markets have largely ignored the Glasgow climate summit, even if in the long run global heating may turn out to be the dominant influence on asset prices.
If you are unsure about the suitability of an investment you should speak to a Fidelity adviser or an authorised financial adviser of your choice.
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