Measuring the markets: when not to panic
The stock market mayhem which hammered shares and wrangled nerves in October seems to have calmed down. Even the disruption of a US midterm election and an oil price slip failed to upset a far calmer week for global stock markets.
That’s a sharp contrast to this time two weeks ago, when the FTSE 100 dipped to 6,940 points, down 11% from its May high.
For investors, there are two ways to deal with that correction:
A) Panic. That’s certainly the easy option when even the most reliable stocks are on the slide. In the UK, October took…
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