Dow Jones & FTSE climb to new heights

[Palfrem]

BBC News - Dow Jones and FTSE climb to new highs


Can anyone tell me what has fundamentally changed since all the doom and gloom?

Thanks.

 

[wemorgan]

If anyone really knows the answer to this and they aren't a billionaire off the back of that knowledge then they're bluffing. My 2p.

 

[petermansell]

Yep. Interest rates are so low that people who normally save in savings accounts are putting money in equities. I'm waiting to see this bubble burst...

 

[grober]

Share values are apparently rising because the value of the currency they are listed in is dropping. Funny money!

 

[renault12ts]

The DOW is at an all time high...the FTSE is still more than 500 points of the highest it reached...in December1999

 

[Charles Morgan]

Share values are apparently rising because the value of the currency they are listed in is dropping. Funny money!

\

A lot of the FTSE have very substantial foreign currency earnings (Miners and Oil companies spring to mind) so their value ought to rise in sterling terms if sterling devalues.

 

[Mr. B]

I can't remember the last time Mrs. B reached an all time high.

 

[Dieselman]

I can't remember the last time Mrs. B reached an all time high.

It was last Tuesday...

 

[Mr. B]

it was last tuesday...

2007