Wyn Thomas - Axys Investment Management

Weekly Market Update 28th August 2015

VOLATILE WEEK FOR GLOBAL MARKETS

This week has been eventful. The FTSE 100 was down a lot on Monday, up a bit on Tuesday, down some more on Wednesday, up a lot on Thursday and, at the time of writing, marginally down on Friday. Most of the trouble occurred at the start of week on “Black Monday”, with all the other moves coming from the market trying to work out the correct response. While stock market corrections are not that big a deal, it is coming as something of a shock to China’s new generation of investors who have only ever known growth. Read More….