Bull market returns!

Posted 1 May 2009 by Neil Moore

An article in the paper today about a resurgence in share prices. A bull market could be returning. The benchmark apparently is the FTSE100 index rose by 1.3pc capping its biggest monthly increase since 2003.  It seems that disappointing news is just being ignored and the markets only want to hear good news. Is it that simple, one wonders if things were not so bad in 2008, after all, perhaps it was just the press that was driving the market! now who said that surely that would not be the case!! Sorry if I am a bit cynical but last year there was still a lot of people with money able to buy houses and invest in the stock market but just decided it was to risky, Why? because the press was driving down the market.

All I can say is, do not let the press turn it into a bull market, otherwise we will be back where we started. 

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