The UK has its own stock market, its own central bank, its own economy — and to be fair its own problems. So why is our index of 100 largest companies being swayed by US rate rise speculation?
Why would the Footsie be hit by higher US interest rates?
VIDEO: One Fool ponders the impact of higher US interest rates on the Footsie.
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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