Comment on Richest 1,000 families in Britain have doubled their wealth since the recessionparentComments−nopassrecover7yYou’re right, although for context the FTSE100 is below its 1999 level:https://www.afr.com/markets/market-data/uk-stocks-wipe-out-i...−NTDF97yWow. This is Japan-like scenario already. Why isn't this as widely known?−mrep7yBecause cherry picking dates on such a short timeline in a highly volatile market like stocks doesn't really tell you anything.−NTDF97yWe're talking 20 years of anemic growth. I can see that FrSE kept trying to go back up but kept falling back down again and again
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You’re right, although for context the FTSE100 is below its 1999 level:
https://www.afr.com/markets/market-data/uk-stocks-wipe-out-i...
Wow. This is Japan-like scenario already. Why isn't this as widely known?
Because cherry picking dates on such a short timeline in a highly volatile market like stocks doesn't really tell you anything.
We're talking 20 years of anemic growth. I can see that FrSE kept trying to go back up but kept falling back down again and again