Time to hold cash again
In our opinion, we’re in a cyclical bear market for global equities. The centre of the global challenges in this bear market is China (& surrounding, related EM economies). As such, while US equities are expected to trend lower, US government bonds are an attractive safe haven. We would also recommend holding cash. Once every 7 or 8 years, holding high cash levels gives investors an opportunity to cherry pick investment opportunities as value emerges in down markets. (Chris Watling, Chief Market Strategist)
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Longview Economics, founded in 2003 by Chris Watling, is an independent research house based in London, providing three distinct yet interrelated groups of research products: Short and medium term market timing; Long term global asset allocation advice; and Global thematic, macro and commodities research.
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Longview Economics, founded in 2003 by Chris Watling, is an independent research house based in London, providing three distinct yet interrelated groups of research products: Short and medium term market timing; Long term global asset allocation...
Expertise
Longview Economics, founded in 2003 by Chris Watling, is an independent research house based in London, providing three distinct yet interrelated groups of research products: Short and medium term market timing; Long term global asset allocation...
Expertise
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