The FTSE 250 had its biggest fall for 10 years yesterday. The main FTSE 100 index is down around 5,500 - about 10% off its peak of last month. There used to be an old adage about "sell in May and go away". It seems that a lot of bad news is building up to deflate market sentiment. A difference between now and previous down-turns is the unknown impact of hedge funds.
Click on the post title to read the Daily Telegraph report on the subject.
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