Reaction suggests investors may no longer swayed by earnings ‘beats’

Things haven’t been great for the UK stockmarket over the last two decades. Indeed, the City has been a “serial underachiever”, especially when compared with the US, says Andrew Jones, a portfolio man

Shorting can improve market efficiency by providing liquidity and exposing overvalued companies

UK equities are having their time in the sun. The FTSE 100 recently hit an all-time high of 9,000, driven by a broad recovery in equity prices. To put it another way, the rally wasn’t just driven by a

Investors may reappraise the TINA trade

The last 50 years have been kind to investors in real terms. Everything made money: equities, bonds, property and gold. All investors had to remember was not to buy high and sell low. But that hasn’t