Prudential Share Price (PRU)

Pru has really taken a hammering two years ago this share was double the price, alarm bells should be ringing the market seems to be in a state of panic the Fste 100 has taken beating the world affairs ie the wars seem to be dragging on, what the hell would this country be in if the wars spread, the 1929 stockmarket crash could happen again nothing is impossible cut your losses, put your money in safe haven utilities for instance.

Https://www.proactiveinvestors.co.uk/companies/news/1032205/here-s-why-prudential-shares-could-double-in-price-1032205.html

Trouble with insurers is they are stuffed with Treasuries, gilts, bonds etc which have been decimated in value this year. It doesn't matter if the business is profitable or not the stock market will hammer it into the ground on asset losses even though they are not realised, as most hold to redemption anyway.

In the last six months nearly all insurance companies have put up there prices by 25% Pru has nearly gone down by 20% everybody puts the blame on China they

are getting like America, if America sneezes we catch a cold!

Pru follows the Hang Seng index closely, and if you think the ftse100 is a dog look at that over the last year and then five.. gulp.