tag:blogger.com,1999:blog-24244078.post6044881183582235690..comments2012-01-12T23:54:38.131ZSimon Wardleyhttps://profiles.google.com/104205134740204626607noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-24244078.post-14555514364980928942012-01-12T23:54:38.131Z2012-01-12T23:54:38.131ZRPI peaked in September.H.J.B.http://www.blogger.com/profile/03369580353524459513noreply@blogger.comtag:blogger.com,1999:blog-24244078.post-34505917485363740712012-01-06T16:43:56.862Z2012-01-06T16:43:56.862ZWell, it's not an indicator of the underlying economic health. What I failed to realise back at the beginning of 2011 was the willingness of the BoE to sacrifice GBP (through QE etc) in order to maintain the FTSE through foreign capital injection (i.e. reducing GBP value). I thought they were barmy, just not that barmy.swardleyhttp://www.blogger.com/profile/04702421918430488600noreply@blogger.comtag:blogger.com,1999:blog-24244078.post-55775763800072801132012-01-06T16:33:42.366Z2012-01-06T16:33:42.366ZFancy being caught out by the FTSE when you are such an advocate of it not being an indicator of anything anyway :-)Graham Chastneyhttp://www.blogger.com/profile/10702317214330588302noreply@blogger.com