The current bull market may be long in the tooth but it is certainly not frothy, says David Jane, who expects the huge rotation out of 'bond proxies' and into more cyclical industries to continue
Looking forward beyond what has felt like a tumultuous year for world events, what could next year have in store? With foreknowledge of the events that would unfold over the course of the past year, it would have taken a brave forecaster to have predicted double-digit returns from many major stockmarkets. Sterling investors have done better still from their overseas assets because of the weakness of the currency. Clearly something beyond the geopolitical is driving markets and that has been the strong turnaround in the economies over the course of 2016. Having seen a slowdown on the b...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
