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In nine months, we have perhaps seen all shades of market behaviour – meltdown, fear, excitement, FOMO and now a touch of euphoria! Correct, that is how life has become. Anyway everything has become compressed in recent years and this is one part playing out. But in the end it all depends on from where you will start your counting to say whether this market has done well or not. If you say that the market is up 50-60% or 70%, then it looks very scary. But what is the return for a year and for two years and for three years? They are reasonable and stable enough in that sense of being broadly up 12-14% per annum to feel that the market has legs to go. ....