There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour
Related reading
Markets should pay heed to the affordability squeeze
Political pressure in response to public anxiety will demand policy responses
Only two events have mattered in my 30 years of investing
Markets have shrugged off everything from geopolitics to financial crises
Investors need to rethink the ‘factor’ approach
Portfolio management should be based more on themes such as innovation
Interest rates take fright
The market’s calm in the face of war is beginning to crack
Private credit’s stale pricing problem
More frequent asset valuations can boost market resilience and investor confidence
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn