Investments

Opinion: Current valuation techniques may become irrelevant

Tuesday 1st of February 2000
The last quarter of the old millennium has been appropriately dramatic. The bear trend which seemed to be developing in the third quarter of 1999 came to quite a startling end in the autumn, but we were witnessing much more than a normal market turn. Indeed we may well have seen one of the great changes in market structure and behaviour and one which our own analysis of both the economy and market...
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