4 ms·
Where is that market meltdown? The FTSE 100 is down a whopping 1% today, and down 3% over the last 5 days. Looks absolutely normal to me.
by fffobar 4y ago
Where is that market meltdown? The FTSE 100 is down a whopping 1% today, and down 3% over the last 5 days. Looks absolutely normal to me.
- EliRivers 4y agoThe FTSE100 does well when the pound drops against the dollar, as about 70% of revenues generated by FTSE100 companies comes from outside the UK. When the pound drops, their revenues (measured in pounds, at least) go up. The FTSE250 is down 7% over 5 days.
- deleted 4y ago[deleted]
- chimprich 4y agoThe FTSE 100 is mainly made up of international companies, so is somewhat insulated from the UK economy. It's still taking a hit though.