Simple message among market's few certainties

We are clearly in unprecedented times for markets, with a record rights issue from the Royal Bank of...

We are clearly in unprecedented times for markets, with a record rights issue from the Royal Bank of Scotland last week and the Bank of England attempting to keep the mortgage market afloat with a £50bn lifejacket. Markets are seemingly up and down on the back of every corporate announcement at present and the current spread of opinion across all asset classes seems wider than in many years. In equities for example, Invesco Perpetual's Neil Woodford has highlighted strong fundamentals and urged investors not to sell through fear of current market conditions. He makes the sensible poin...