Tom Winnifrith Bearcast: The Footsie is "flying" - Malcolm Stacey is 'avin a bubble

My esteemed fried and colleague comrade Malcolm Stacey is nothing if not consistent. The great Money Tree worshipper is perennially bullish and once again that is his message today (HERE). But is the Footsie "flying?" I compare it to a 1916 Wisden and it is clearly not. And I point out why even if it breaches 7,000 there is every reason to be bearish rather than bullish.

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