A few weeks back I ran a seminar in the City for private investors on the subject of whether the markets reckons the FTSE 100 represents good value.
Clearly, I have no special insight into this eminently sensible question, especially as I long ago gave up trying to work out how the markets move in the short term. Sadly, this mixed bunch of over 60 investors expected a rather more definitive answer rather than my “maybe...
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