No sooner had the ink dried on last month’s comments, when the world stock markets threw a wobble.   A useful reminder that stock markets very rarely move forward in a straight line which they had done for an unprecedented  15 months,  and it looks like the normality of bounces and dips  has been restored.  The trigger for this was a hint that interest rates may rise sooner than expected.   Whether they will or not is unknown although I did spot that one UK bank was offering a 10 year mortgage rate fix at 2.34% which suggests that if there is a rise, it may be small.    
 
Hopefully the old adage of “if March comes in like a lion it will go out like a lamb”  holds true,  and may we be wearing less layers and feeling much warmer.