Hobson: What Market Correction?

THE WEEK: Morningstar columnist Rodney Hobson on the stocks defying concerns about the long upward run of shares across the globe coming to an end

Rodney Hobson 13 October, 2017 | 1:22PM

Commuters

Stock markets around the world have been a strange place for these past ten years. In some ways the credit crunch seems a distant memory and its lessons long forgotten. Countries, companies and individuals still fail to live within their means so another crash may be inevitable some day.

Yet there are few voices warning that the long upward run of shares across the globe is coming to an end. Indeed, we have since around the start of 2009 got used to the idea that indices move only one way, and that is upwards. This week the FTSE 100 set a new high.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Hays PLC161.73 GBX0.02
PageGroup PLC464.40 GBX1.35
Robert Walters PLC604.00 GBX-0.33

About Author

Rodney Hobson

Rodney Hobson  is a columnist for Morningstar.co.uk and author of several investing books, including The Dividend Investor and How to Build a Share Portfolio.

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