Mr. "stock investors needn’t fear tariffs" has lost ~4.5% in April (£) so far, despite 27% in Treasuries
This is worse than FTSE All-Share (down 1.8%) and roughly as bad as S&P 500 (down 4.9% in £)
His returns are now ~6% p.a. over 2.5 years (£438k in Nov-22 to £507k now) (S&P 500: ~14% p.a. in $)
This is worse than FTSE All-Share (down 1.8%) and roughly as bad as S&P 500 (down 4.9% in £)
His returns are now ~6% p.a. over 2.5 years (£438k in Nov-22 to £507k now) (S&P 500: ~14% p.a. in $)
Comments
Never underestimate the readiness of a certain type of City people to lie to your face; conversely back office guys crunching the numbers have fewer reasons to lie to you than the person presenting