Market comment – A Choppy Year Ahead?
There is an old stock market saying which I have doubtless referred to before. As goes January, so goes the rest of the year, it says. If the start of this New Year is anything to go by, we could be in for a bumpy ride. Volatility has returned to equity markets in spades, driven by more uncertainty over the future of the European single currency zone, growing doubts over global economic growth and continuing geopolitical concerns in a variety of areas.