By Malcolm Stacey | Saturday 19 December 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello, Share Scrapers. There was a time when it didn’t really matter much about Blighty’s economy when it came to the value of our biggest shares. If the Dow went up, so did the Footsie. And vice versa. It’s only in recent years that this correlation hasn’t been as strong. But just lately, the strength of a record-breaking Dow, despite the virus, seems to have galvanised shares over here. Now if that’s true, then our shares are going to rise nicely next year. I think most of expected that already, but its nice to have a few American views to back things up.
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