- The UK stock market has been out of favour with investors since Brexit reared its head, and arguably it's been out of favour with UK investors since the UK's property bubble made buy-to-let the go-to investment for so many people.
- The more UK-focused FTSE 250 officially entered bear market territory this week, having fallen slightly more than 20% from its recent all-time high.
- FTSE 250's price is now close to 20,000 and that gives it a CAPE ratio of 20.
- Given that the FTSE 250 is trading close to fair value, we should expect historically average returns, which means something like high-single-digit annualised returns over the medium to long term.
For further details see:
FTSE 250 Enters Bear Market Territory