If you listen to the rhetoric of new Labour leader Jeremy Corbyn, it’s easy to dream up doomsday scenarios for UK stocks. As for his new shadow chancellor, John McDonnell lists his hobby as the overthrow of global capitalism! So why didn’t the FTSE 100 seem to react to Corbyn’s promotion?
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Will Jeremy Corbyn Crash The FTSE 100?
VIDEO: One Fool takes a closer look at the FTSE 100 (INDEXFTSE:UKX).
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
