Lessons learned from 2018 – a year when the FTSE 100 suffered its worst 12-month loss since the 2008 financial crisis, could hold financial advisers in good stead for 2019.
Rising interest rates, a trade war between the US and China, plus Brexit fears, saw the FTSE 100’s ‘annus horribilis’ cemented on December 31 when it was confirmed it had lost 12.5 per cent of its value this year – more than £242bn.
As Prime Minister Theresa May was hit by a vote of no confidence and failed to get her Brexit deal through parliament this week, the index of the biggest listed companies plunged by £57.5bn in a single month.
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