The market is on a record rising run, it can't go on for ever Almost exactly a year ago, economists at Royal Bank of Scotland advised clients to sell everything ahead of a stock market crash. They forecast a "cataclysmic" year with a 20% slump in shares and oil plunging to $16 a barrel. "Sell everything except high quality bonds," they said. It turned into one of the best-read stories on the Guardian's business pages - and RBS was hopelessly, gloriously wrong. On 12 January 2016, at the time of ...
The market is on a record rising run, it can't go on for ever Almost exactly a year ago, economists at Royal Bank of Scotland advised clients to sell everything ahead of a stock market crash. They forecast a "cataclysmic" year with a 20% slump in shares and oil plunging to $16 a barrel. "Sell everything except high quality bonds," they said. It turned into one of the best-read stories on the Guardian's business pages - and RBS was hopelessly, gloriously wrong. On 12 January 2016, at the time of ...
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