Longest Bull Market in History

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the FTSE 100 was higher in janaury 1998 than it closed today , startling fact

So it fell back from its 1999 high to the depths of the asian financial crisis of 1998, the first 20 years of the 21st century did not happen as regards the ftse (dividends excluded of course). European markets in general were not expensive before this panic, now they are much cheaper. Add to that , a lot of the ftse 100 companies are global multinationals.
 

The big two in the FTSE are facing a very uncertain future due to climate change policy
 
The big two in the FTSE are facing a very uncertain future due to climate change policy

Maybe, maybe not , maybe other priorities take precedence, maybe climate change is not so pressing when thousands of first world citizens are dying from something, something that is actually medieval and originated in a medieval market in China. Maybe the vulnerabilities of the global system today rather than a possible threat in the future are now the focus. Maybe bread and butter stuff in UK and Europe today are much more important than they were before and everything gets repriced accordingly.
 

Not sure there's much evidence of this. It's getting worse in Italy by the day. 250 new deaths there today. Even China never had that, even at their peak.
 
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