Jeffrey: Climbing the wall of worry

Climbing the wall of worry

The turbulence seen in markets over the past few weeks reflects rising anxiety among investors.

But ask a dozen individual investors what is on their list of worries, or what tops it, and almost certainly you will get a baker’s dozen answers. That there are things to worry about is indisputable, and some of those are potentially very serious. However, there is nothing in the headlines today that has not been around for a little while, and there would appear to be no single focus for investor concern. Rather, it would seem to be that there has been sufficient accumulation of uncertainty since the summer for investors to take a step back until greater clarity emerges. Not all t...