Asset Allocator's Soapbox: Time to put risk back?

In this risk-on, risk-off type of year for the investor, right now we believe we are closer to the latter. Now is not the time to be putting risk back into your inflation-beating investment portfolios given the strong headwinds blowing in the form of higher energy prices and doubts over the soundness of the global economic recovery. We are seeing sluggishness in Europe and North America as consumers appear unwilling to cut savings or extend their balance sheets, while wage growth remains subdued and disposable income is squeezed by higher fuel costs. Inflation, which has been more acu...