The Financial Outlook for Personal Investors: Why is a central banker like a porcupine in a balloon factory?
The Financial Outlook for Personal Investors
Perusing the latest statement from the Bank of England's Monetary Policy Committee, Russ Mould of A J Bell says that central bankers currently resemble porcupines in a balloon factory. For investors, trying to second-guess events is extremely difficult, if not impossible. So they should ensure they are sensibly diversified while trying to avoid heavily-indebted companies, particularly in cylical industries. If your portfolio is keeping you awake at night, says Russ, then you should change it.