The conventional wisdom is that old folk should have less equity in their investment portfolios than youngsters do and favour less speculative assets like bonds. But elderly Americans are ignoring that advice: over-70s’ share of the stockmarket has shot up. Our analysis explains why septuagenarians, too, are susceptible to FOMO, and why that’s a risk for the markets.
 
Donald Trump is wrong to call the BBC’s journalism “corrupt”, but that doesn’t mean there’s no need for reform. Our leader lays out how Britain’s public broadcaster needs to change to adapt to a world with plenty of entertainment and too little high-quality news.