Sadly, we do forget
Well, it has been quite a week, something straight out of a Shakespearian plot, but then, Shakespeare endures largely because his assessment is that the human condition is all too predictable under certain pressures.
One thing that has not been predictable of late is the performance of the global stock markets. Well, now that I have said that, perhaps I’m not being fair. When there are times of significant uncertainty, there are usually rapid swings in the price of shares, both up and down and we have had a lot of that in the last week. However you voted in the referendum, the movements in the markets do not prove anything, other than that things are “uncertain”. This is all likely to drag on for a long time – at least if Article 50 is ever “triggered”.
As one client pointed out to me this week – there is no shortage of clowns at the moment. Indeed and perhaps many of us are wearing a smile and trying to make the best of things this week.