UK 18:48 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Scoffers. Uncle Tom believes that the present bull market is ‘ridiculous’. There are some other very perceptive and experienced writers on this scintillating website who agree with him. Including the morose, but sharply intelligent Frenchman and Amanda the Golden.
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Comments
Alex
Malcom
Agreed, these markets can run higher before they inevitably decline. We’re only just beginning to emerge from the banking crisis and with historically low interest rates and central bank interventions in Europe and Japan this upward trend can continue. Tightening by the Fed is likely to happen slowly over several years, and even with this interest rates will still be below long term averages. Painful memories of the 2007 capitulation are leading commentators to expect the same again imminently … I’m not convinced.
wildrides
The parts of the markets that matter are the ones that are still cheap . There are plenty of them as well . For example oil and natural resources stocks are bargain basement priced at the present time . If FTSE 100 stocks are high PE then dont buy them . Go instead to a lower level of the market and a different class of stock . I dont see a market crash ahead ………. just 10 – 15 % corrections along the way to 9990 by 2020 . Beyond that will take some breaking .
Equals4
As you hear many commentators saying, “We have never seen QE buying on this scale ever and unaware of the real consequences”
We are in new territory and that certainly mixes things up. So comparing current levels to history to look “insane, peak, highest ever valuations” – they are all difficult to judge now in this “QE world”
It will pop and it will be big. But when you think the train is going to stop, it always goes a bit further down the track.
wildrides
Ooh err Malcolm ………….. two Jackdaw fledglings fell out of the nest ( presumably after a night on the tiles ) sadly one hit the ground at terminal velocity and was given a suitable burial ( in the dustbin, with full military honours and 24 gun salute ) The other bounced and seems , on inspection , to be largely intact . So what to do ? Err in doors said “put it back in the nest” followed by “ dont touch it tho ……… the mother will reject it” So I just levitate it back into the nest then I replied . Helpful sprog home from Uni for the weekend said “lets keep it in a box and feed it worms then we can teach it all Tom Winnifriths swear word vocabulary” . That could take a while said I knowing full well the “we” in said sprogs words meant my good self , on my own , with no help what so ever from uni returned sprog . In the end I opted to put it back in the nest , but could yet be forced to hand rear it and give subsequent swearing lessons depending on if mother returns . I wonder if it could be trained to do bear casts eventually …………. Now theres a thought .