2nd Post of the newly designed blog. As you would expect, the fluxuations in the FTSE100 are a keen interest of mine, and what better time period to be following it's graph than over the last 3 years. The financial situation has been changing dramatically recently and this has led to some very interesting charts, and I find the FTSE's one of the most interesting.
From this chart you can see the booms and busts which have been happening on a cyclical level through the 1990's and 2000's. Of course fluxuations are common, but take a look at the steepness of the 07-09 period. A very sharp fall there.Very interesting indeed. You may accuse the banking sector of overspending and being too rash, but another aurgument is that these rises and falls in our economy are a cyclical event and it is important to rebuild. I think, we should take what we can from this and move on, into a financially safer, and more stable world.
Thank you for reading and please feel free to express your own views.