‘If you can keep your head when all about you are losing theirs and blaming it on you’ from the poem ‘If’ by Rudyard Kipling, published in 1910.
The insights into the human condition by Rudyard Kipling of ‘Jungle Book’ fame seem to be particularly relevant to the present moods and condition of investment markets. When there are so many countervailing trends, both private and professional investors might be forgiven for an element of confusion demanding of a cool head. There is an overwhelming need to be able to cut through the noise and to ignore what may prove to be irrelevant. So, what are the issues facing investors as we approach the end of the turbulent first quarter of 2016 with the FTSE 100 Index, after all the fuss, only marginally changed year-to-date?