City Views | Can the FTSE surge continue?

 
Ben Southwood
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WELI ELMI
HUXLEY

No – I think the index is headed for a correction, bringing it down closer to 6,000. Currently we have 2008 valuations without 2008 levels of economic prosperity – so the valuations don’t make sense.

PHILIP ALLMAN
BUTTERFIELD PRIVATE BANK

I don’t think so. Sometimes forecasting market movements is complete guesswork, but it seems to me that such a surge would justify some sort of natural correction. Markets tend to follow ups with downs.

PAUL ELLISON
CO-WORK CITY

I hope so – I’ve been following the recent highs with some interest. But really it’s pretty debatable whether the FTSE 100 is that good as a general barometer of health in the UK economy overall.