In this investing video, Owain Bennallack discusses the myth of the ‘invisible wall’ that’s stopped the FTSE 100 (FTSEINDICES: ^FTSE) rise above 7,000 since its inception in 1984. It went up seven-fold from ’84 to 1999 — and then came the dotcom bubble. It nearly broke the barrier again in 2007 — and then the finance crisis occurred. And this year it almost reached “the magic number” — before conflict between Ukraine and Russia contributed to global markets weakening once more. But this Fool believes that its time will come, and sooner rather than later…
Will The FTSE 100 Ever Go Above 7,000?
VIDEO: One Fool discusses the FTSE 100 (INDEXFTSE:UKX).
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