Anybody reading my comments in the press during the course of last year must picture me as a merchan...
Anybody reading my comments in the press during the course of last year must picture me as a merchant of doom and gloom prophesying the end of the world, or at least unit trusts. Nothing could be further from the truth. My view has not changed however: until investor confidence moves from an all-time low to something approaching optimism, irrespective of what happens to the various world indices, the majority of traditional investors quite simply will not put their money into anything they perceive to be risky. Once investor confidence returns, we can obviously look forward to a bo...
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