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Saturday, 27th July 2024
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Unaccustomed to financial insecurity: the plight of the wealthy Back  
In the second in a series of articles,Se?n ? Murch? looks back at an article written by his Bank of Ireland colleague Mark Cunningham in February 2003 that predicted markets were going to turn in the aftermath of the tech bubble bursting, the Enron affair and 9-11. Within a month of the article being written the bottom of the equity market was reached and gains for investors in real assets stretched to mid 2007. O’Murchu asks whether there is a case of deja vu and if today’s markets are about to turn as they did in 2003.
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