Editor's letter: retail investors rediscover appetite for risk

Richard Jory

You know when it's after the event, because all the talk is of buy low, sell high as the fear about whether or not the moment of investment truth has been missed.

You are not hearing that yet, so that must mean that now is either the end of the world or, more cunningly, the right time for retail investors to buy those two most complex and luxurious of structured products items, inflation and volatility. In many western countries, inflation appears low, despite the ‘new' money hurled into the

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