The FTSE 100 is closing in on 8,000 points! Here’s what I’m buying before it’s too late!

The FTSE 100 has been on a roll lately. So much so that it’s edging ever closer to its all-time high of 8,012 points. It seems investor sentiment is picking up, which is pleasant to see. After a tough few years for retail investors, I’m optimistic better times lie ahead in 2024 and beyond. While the UK-leading index has been surging, I still see plenty of bargains out there. I’ve got my eye on a few. But what’s been driving this strong performance? The FTSE 100 is up 6.3% in the last 12 months. In the last month alone, it has climbed 4.4%. The last time it peaked above 8,000 points was back in February 2023. It stayed above that mark for less than a day. Well, a few things are contributing to investor bullishness. Firstly, recent data showed that retail spending in the first two months of the year had come in better than expected. However, what’s more important is the Bank of England’s actions around interest rates. It’s now predicted that we’re in line for cuts sooner than previously predicted. That should offer a major boost to markets. With that in mind, I plan to go shopping. One...

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