Sunday 4 March 2007

With world markets having stuttered in the past week, I chose to step aside, and will likely stay in cash for several more days yet. There is no knowing whether the turbulence we've just seen is a brief interruption of the upward trend that has been running for several years - or the beginnings of the end of it. Plenty of analysts and others do have an opinion. Some of them will be right, some will be wrong. I am in no rush to dive back in prematurely.