The FTSE 100 index of the most valuable companies on the London Stock Exchange has soared to a record high as investors shrugged off concerns over Donald Trump’s trade wars.
The FTSE 100 had the 9,000-point mark in its sights on Thursday, as it climbed to 8,979 points, above its previous all-time high of 8,908 points.
Stock market indices are not inflation adjusted. It’s still 750 points below Sept 2019…..when inflation adjusted.
It has been underperforming for years.
We should have been at 9000 3 or 4 years ago
FTSE100 dominated by a lot of big deadbeat companies. So no surprise it just treads water.