The only way is up: Will FTSE hit 10,000 by 2022?

On Tuesday, the FTSE index broke through its previous all-time high of 6,930 achieved in 1999, to close at 6,949.63.  Professors Elroy Dimson and Paul Marsh and Dr Mike Staunton have made predictions on how quickly the blue-chip index could race ahead to the 10,000 milestone. In 2002, when the index was at a low of 3,858 following the dotcom bubble, the trio gave the index a 50/50 chance it would overtake its 1999 high in 2013, but they were a couple of years off. Using the same methodology, the professors suggest there is a one in two chance of the FTSE 100 hitting 10,000 by the e...