What is the FTSE 100? Investor and MP John Redwood explains what it is and why it matters to you even if you don’t invest
What is the FTSE 100 index?
It’s become such a familiar term, but how many of us can say with confidence what it shows, what it stands for, what the number means and what it’s got to do with the state of our economy?
On this episode of the Big Money Questions, Charles Stanley’s chief global strategist John Redwood goes back to basics for a FTSE explainer.
He looks at what the FTSE indices are, and why they matter to you even if you don’t invest at all.
He also explains what the level of the FTSE 100 can reveal – and that the actual number itself means very little!