A client recently highlighted to me the current similarity of the fund managers he speaks to.
At a time of widespread gloom, it is especially appropriate to wish investors a prosperous New Year. I left the business of providing free money-losing advice a decade ago, but this is such a special occasion that it is worth making an exception - pro-bono....
It is indeed ironic that it was the French Emperor, Napoleon, who once said "Never interrupt your enemy when he is making a mistake." I wonder whether this thought was echoing in David Cameron's head as he decided to use Britain's veto?