Rebalancing the world
Hooray and three cheers for the FTSE All World Index. Look lively, early start it's rebalancing on Monday. Index of indexes, mighty amongst mightiest. In acknowledgement markets respond globally to this statistics announcement. One step back in the business cycle followed by three steps forward for the shrewd. The cake keeps getting bigger even if the distribution is skewed. Despite our best efforts, we have failed to fail - surely we are blessed? The existence of the index itself is testament to humanity's success. So, fix up and get it right. Early start, look lively. The whole world needs rebalancing on Monday!
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Oborick Patmanu
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