UK 17:57 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
In this podcast I discuss why I welcome a market correction which I regard as inevitable. I explain why I view it as inevitable - following on from themes in this Saturday show - but say why I welcome it. I look forward to the day because a) as a long term investor it will allow me to buy great stocks at bargain prices - and yes I am looking at FTSE 100 stocks - and b) because it will force a belated clean out of the Augean stable that is the UK stockmarket today. I look back to 2003 for some inspiration.
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Comments
Marvin
On an individual company basis, I wouldn’t think twice about following your call but on the macro level I’m not convinced. For me there are 2 events that could possibly hit stock markets badly. These are Grexit being the first domino in a series that will finish the euro and the second is the Chinese stock bubble bursting. There are reasons though for believing these events might be contained. In any event a run on stocks generally would be good for gold stocks and bonds and I see Amanda is presenting videos predicting a collapse in these stocks aswell. (btw Amanda thanks for the POG tip a couple of weeks ago)
Bottom line why I may not be bullish on stocks generally I don’t see any massive correction in the short term. Famous last words.