Guy Stephens: Investing for the populist revolution

The investment markets are a real conundrum at the moment. The so-called ‘wall of worry' is exceptionally high and investors and their advisers must continually test outlook assumptions and decide whether to change tack. There has been a marked pick-up in volatility since the Brexit vote back in June, with either significant losses or significant gains in all asset classes and very little remaining stable. That said, the one asset class - perhaps the most important and widely held risk asset - that has remained solid, if not making gains, has been equities. We are forever hearing equit...