Risks are climbing, so let’s buy...stocks?

Check out our new article on recession risk and thoughts on asset allocation:

Is it time again for another crash? The US economy, the engine of global growth, has been expanding for 121 months, a historical record. As investors peer into the future, a case of acrophobia (fear of the extremes) is taking hold. “We have been in this expansion for too long, is it time for another crash?” 

While recession risk may have increased over the last few months, we still maintain a neutral equity stance as valuations remain moderate, buyback programmes continue to drive demand and dovish Central Banks provided a further layer of downside protection.

Daniel Gorringe, Investment Analyst

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