The FTSE 100 is nearly back in a bull market – does that make sense?

UK stocks are, technically at least, almost back in a bull market. But with the economy on hold and the prospect of harder times to come, is this rally sustainable? John Stepek explains what it means for your investments.

FTSE 1. share index board ©
The turmoil's not over yet for the FTSE 100 © Getty
(Image credit: FTSE 1. share index board ©)

Quick thing before I get started – if you haven’t subscribed to MoneyWeek yet, you get your first six issues free, and a free copy of my latest ebook, the Little Book of Big Crashes. So take advantage and pile in now!

The FTSE 100 is very close to entering a bull market. Even writing that sounds daft. And it does show how silly it is to take these informal definitions too seriously.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More
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.