What's in store for 2010?

2009 was bad, but it wasn't as bad as it could have been. So what will 2010 be like? There are still plenty of tripwires for unwary investors. But there are some great opportunities too. John Stepek looks at what we can expect from the year ahead.

At the start of 2009, things looked grim. From this end of the year, they don't look so bad.

The FTSE 100 is up along with the rest of the world's stock markets. The British banking sector still exists, even if a couple of the big ones are largely owned by the taxpayer. And even house prices have rallied.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.