Press scanner: Bear market blues?

The chances of a summer bear market brought some rather dramatic headlines to the weekend's financia...

The chances of a summer bear market brought some rather dramatic headlines to the weekend’s financial press such as the Daily Telegraph’s “Fear stalks the stock market” and the Independent on Sunday’s “Don’t run screaming just because you glimpse a bear.” The sharp decline in stocks on 16 May, which left the FTSE 100 down 4.3% and the FTSE All-Share -4.6% was blamed on US core inflation data that suggested interest rates will continue to rise while growth slows and this sent tremors of panic across the financial world. After a three-year bull run, many have expected the drop in the mark...