The sharp de-rating of equities has certainly felt more trick than treat over these past few weeks, writes Gavin Launder - but is the market panic justified?
Tales of terror and scary stories are commonplace at this time of year and so, equally, has it proved the case for investors as the long winter nights draw in, amid a chilling sell-off across equity markets. An omnipresent shadow over risk assets has tainted stocks with the colour red, as fears regarding the longevity of the bull market cycle have been exacerbated by wider market uncertainties. Concerns about trade wars, midnight Brexit negotiations, and rising inflation and interest rates are on everyone's mind. A subdued start to third-quarter corporate earnings has only added more woo...
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