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Ziggy Stardust fears still haunting stocks

2014-03-012014-03-01 PB 0 kommentarer David Bowie, finansmarknad, Ziggy Stardust

 

ziggy stardust

 

We’ve got five years, what a surprise,

We’ve got five years, my brain hurts a lot,

We’ve got five years, that’s all we’ve got.

– David Bowie, 1972

Next week, the great rally that followed the 2008 crash will reach five years. It has been a great time to be in stocks.

This is quite a surprise. Five years ago, visions of the future bordered on the apocalyptic. The prognosis for 2014 looked as bad then as 1977 appeared to David Bowie when he recorded Ziggy Stardust five years earlier. But the economic pain has been far more limited than feared, while the return on stocks has been remarkable.

Ziggy Stardust fears still haunting stocks – FT.com.

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