Source: Bloomberg, Rowan Dartington Research
Index / Percentage Growth (%) | 31/12/18-31/12/19 | 31/12/17-31/12/18 | 31/12/16-31/12/17 | 31/12/15-31/12/16 | 31/12/14-31/12/15 |
S&P 500 TR in US | 31.49 | -4.38 | 21.83 | 11.96 | 1.38 |
Source: FEAnalytics 2020
Is there any good news amongst the maelstrom?
While a global recession now seems all but inevitable, equity markets appear to have priced for much of that already. That is not to say that this crisis is over, far from it, but we believe we are now moving into the next phase for asset markets. That is, the phase where the balance of risks are likely towards the upside.
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