Image source: Getty Images
It’s easy to shrug at the return of the FTSE 100 in 2024 when compared to the S&P 500. But I don’t think it’s too bad considering all that UK investors have had to contend with.
Mixed year
We’ve had some good news, of course. Inflation returned to the Bank of England’s 2% target in May. A clear outcome to July’s General Election was also regarded as a positive, especially considering the political instability in other nations.
On the flip side, concerns in the weeks leading up to October’s doom-laden first Budget from Chancellor Rachel Reeves prompted many to sell assets in advance. A lack of new companies listing (and an increasing number wanting to move to the US) didn’t exactly portray the London Stock Exchange in the best light either.
But some believe the FTSE 100 could be set for a sparkling 2025. AJ Bell Investment Director Russ Mould thinks the index could…
