Andrew Milligan

  • Features

    Consumer 'will not crack'

    November 2002 (Magazine)

    Battered and bruised after almost three years of collapsing markets, equity investors have just experienced the largest quarterly decline in US, UK and European shares since 1987. Japanese stocks have also reached a new 19-year low. Consequently, bond yields have been falling sharply as investors have sought shelter. So, why ...