How long can the stock markets’ eerie calm last?

Stock markets just keep rising higher to new records. Meanwhile, volatility (the amount of bouncing around stocks do) is at pre-crisis levels, with US equities especially becalmed.

The S&P 500 has moved by less than 1% a day for around 50 trading days, the longest streak in 20 years. We’re not the only ones who have highlighted the mismatch between tepid fundamentals and robust equities. Today’s conditions bear “a worrying resemblance” to 2007, says The Economist.

The Bank for International Settlements (‘the central banks’s central bank’, as it’s known) says that “euphoric” markets are detached from reality.

But there [...]

MoneyWeek magazine

Latest issue:

Magazine cover
Paying by mobile

Why your phone will replace your wallet

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues
Shale gas 'fracking' promises to transform Britain's energy market. Find out what it is, what it means, and how to invest.

Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.