Darius McDermott: Is waiting for recession a foolish game?

'We are cautious'

"The simple fact is markets have been grinding upwards for more than a decade – but there is still money being held on the sidelines due to the uncertainty caused by geopolitical events" - Darius McDermott
"The simple fact is markets have been grinding upwards for more than a decade – but there is still money being held on the sidelines due to the uncertainty caused by geopolitical events" - Darius McDermott
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Anyone who watched the final day of the third Ashes test at Headingley will know how quickly sentiment can change, writes Darius McDermott. And that should be a lesson for investors …

It was not long after lunch on the final day that pessimism ruled the roost with England nine wickets down and the Ashes seemingly staying with the Aussies. Enter Ben Stokes with the most remarkable batting...

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