There’s been a lot for investors to worry about lately, what with the oil price shock, negative interest rates and a runaway dollar. And now it’s the turn of the banks to freak everyone out. John Stepek explains why, and how to protect your wealth.
Stocks: the MoneyWeek view
February 2016: A shaky start Stockmarkets have opened 2016 with sharp falls. Beware that while stocks are starting to look more attractive, some of the value may be deceptive. Nonetheless, we see long-term value in some markets, including Japan, parts of Europe and many emerging markets.
• See our view on all the major asset classes here.
The FTSE100 took a big hit yesterday as markets around the world fell. The index closed down 2.7% at 5,689.
Asset allocation is at least as important as individual share selection. So where should you be putting your money? Here’s our monthly take on the major asset classes.
The damage to government finances caused by the sharp slide in oil prices is spreading far beyond the Middle East, with Nigeria the latest to feel the pinch.
When India’s prime minister, Narendra Modi, came to power in May 2014, his victory propelled the stockmarket to a new record. But now his honeymoon is well and truly over.
Asia’s Communist dynamo caused great excitement in the 2000s, before suffering a sharp downturn. Now Vietnam is shaking off the hangover.
The FTSE100 bounced back yesterday, add in 1.1% to close at 8,901.
China National Chemical Corporation, or ChemChina, has bought Switzerland’s Syngenta, making the biggest foreign takeover by a Chinese firm to date.
The renewed wobble in crude was accompanied by a 10% slide in BP’s shares, putting the dividend under pressure.
The FTSE100 fell further yesterday, down 1.4% to close at 5,922.
The FTSE 100 continued to fall yesterday, sliding a further 2.3% to close at 5,922.
The FTSE 100 fell back again yesterday, slipping 0.4% to close at 6,060.