Well, there we are then, as if by magic, the Footsie reached an all-time high in the last week of February, proving that it is very much a matter of sentiment, rather than logic, that dictates such matters. Not that I am saying there is no value to be found in the market at the moment, but this record level was swiftly followed by several disappointing falls, yet it still hovers within a couple of hundred points of the peak. I can only see this sort of pattern continuing for the next couple of months. Once the General Election day has passed then, depending on the result, we might just see an element of stability. Continue reading The Great Unknown →