Why Investors Are Selling Their Best Stocks Right Now
UK banks were the best-performing sector on the London Stock Exchange last year. Housebuilders had been climbing since September. Then the rate cut trade reversed in less than two weeks.
In this episode, we dig into what's actually driving the sell-off in UK domestic stocks — and whether the market has it right. We cover a 40-year-old behavioural finance concept called the disposition effect that explains why investors sell their winners in a panic. We look at Persimmon's results, the mortgage rate spike, and the complete reversal in Bank of England expectations. And we ask the big question: if your investment thesis can get blown up by an event nobody predicted, is there any point having a thesis at all?
This is not investment advice. All investments carry risk.
Read Neil's weekly analysis: https://www.woodfordviews.com
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