December 22 2014 Latest news:
With the end of the year fast approaching and efforts increasingly being diverted into matters festive, it seems an opportune moment to reflect on the past 12 months and consider what the New Year might have in store for investors.
The biggest news in the markets at the moment is the recent collapse in the oil price, which has seen Brent Crude fall from $116 per barrel about six months ago to a level of just over $60 today.
Two weeks ago I was remarking that investors would have a lot to get their teeth into. It seems the pace of news dissemination is quickening, if anything.