Why I turned mildly bearish and opted for a defensive strategy
The formation of the GNU sparked a rally in local financial markets. But as storm clouds gather on global equity markets, the long-term outlook remains uncertain.
The formation of the GNU sparked a rally in local financial markets. But as storm clouds gather on global equity markets, the long-term outlook remains uncertain.
Schroders’ chief economist and strategist, Keith Wade, identifies three dominant themes over the past 35 years and discusses how he expects them to continue shaping the global economy and markets in the decades ahead.
Investors should anticipate an equity market decline of at least 10% every 18 months, and a drop of at least 20% every five years.