An uncomfortable balance
The recovery in global stock markets has turned into one of the strongest bull markets on record, eclipsed only by the 1990s bubble in technology, media and telecoms. That in itself need not necessarily be cause for alarm. Records, as they say, are there to be broken and bull markets don’t come with a built-in expiry date. Instead, they tend to run out of fuel, so is there enough gas in the tank to propel us to new highs?
Alva Devoy, Managing Director looks at the fundamental, economic and behavioural drivers of bull markets and the possible implications for global equity investors.
Please remember past performance is not a reliable indicator of future performance. Investments are subject to risk and may result in the loss of capital.
Publishing date: 25/01/2018
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