"UK blue-chip shares have risen 116%, including reinvestment of dividends, since the low-point of the credit crisis in 2009. US blue-chips have risen 161%. It seems like a lot, and many are wondering if a correction is due. Over the same period an investment in a diverse portfolio of UK government bonds would have risen by 30%. Not bad at all, but not in the same league.
There may be a simple explanation: more buyers than sellers."
To read the full commentary, click here.
Chris Darbyshire, Chief Investment Officer, Seven Investment Management