The "flat, directionless, no volume market is a big achievement," fund manager Guy Monson says,...

|By:, SA News Editor

The "flat, directionless, no volume market is a big achievement," fund manager Guy Monson says, given that "you’ve taken a machine gun to equities this year, we’ve had revolutions, oil at $120, the trauma of Greek debt, war, the nuclear and flood crisis in Japan and the end of QE2." The message: "If you’re patient, the markets will do surprisingly well."