It is a long held truism that successful investment should be as dull as possible. The less eventful, the more yawn-inducing it is, the more likely that everything is going right. It is also a truism, in fact a cliché, that bad news sells. On the basis of these opening three sentences, then last week was pretty bad. It was far more exciting than is good for anyone, so let me try to reverse the normal order of things and persuade you that last week was actually far less dramatic than you may think.
