Greed is Good Again

20 years after Gordon Gekko told us that “Greed is Good” in Wall Street, 20th Century Fox has announced that a sequel called “Money Never Sleeps” is in pre-production. Is this the top of the market for equities then? The last film was released just ahead of the 1987 crash.

You used to have to rely on a shoe-shine boy to give you a stock-tip to gauge if the markets were getting frothy, but more recently other sources have been quite good at providing clues. In 2000 Fox piloted “The $treet” and in November last year “Flipping Houses for Dummies” was published in the US.

 

The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

David Fancourt

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