Four reasons why sharply rising markets aren’t a good thing

At a glance Rising markets bring cheer all round – However, there are potential downsides to rapid upmoves – An investor should be aware of the potential downsides in such a market – A perception of loss in investing momentum due to fewer suitable stocks – Bias for action manifesting itself in ill-advised buys or worse, sells – self-serving advisers pushing myriad products – the false confidence of a thanksgiving turkey   Missing the “good old” days This time last year, I was happy with my investing routine. Markets were languishing, inflation and deficits of all kinds (fiscal, monetary, trade) were

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