(Source: Yahoo! Finance)
Despite today's turbulence in the markets, many remain confident that stocks will continue to soar. The FTSE 100 has gained 27 per cent year to date, and the Dow Jones Indusrtial Average has grown by 22 per cent in the same period.
Speaking to City A.M., Investec chief executive Stephen Koseff:
I’m very bullish on equities, I can see the FTSE at 7000, 7,500 at the end of the year with the Dow at 16, 17. There will be volatility and corrections, but those are healthy for the market too.
Investec, the international specialist bank and asset manager, today published results for the year ended 31 March (release).