Quote Originally Posted by Eric Cartman View Post
75% of revenue from FTSE100 companies comes from abroad so it is a pretty darn poor measure of the success of/confidence in the UK economy. The FTSE250 is a slightly better measure as only 50% of revenue comes from abroad, after diving up and down for a couple of months it is at the same levels as this time last year. Also if you break it down industry to industry, the differences are even more stark.

"He uses statistics as a drunken man uses a lamp post, for support rather than illumination". The FTSE being illegitimately wheeled out by the brexit gang is a great example of this in action.
I'm not sure I follow your first sentence? I'm no economist but external investment seems like a good thing for the economy for me.

As for the drunken stats comment, I'd agree it was merely pointing out how you wish to look at it, but a weak pound doesn't automatically mean bad news for the economy as a drunken man pointed out.