Long Run Asset Allocation Outlook

2022’s sell-off unlikely to set the stage for strong returns

The big sell-off in both equities and bonds that was a feature of 2022 has arguably created scope for them to fare a bit better in the coming years by reducing their valuations. Nonetheless, we don’t...

21st February 2023 · 20 mins read

Asset Allocation Long-Term Outlook

High inflation, tight monetary policy, valuations and returns

Although the Fed is poised to step on the brakes to tackle the highest rate of inflation in four decades, we don’t expect the yields of US equities and Treasuries to rise to anywhere near their peaks...

18th February 2022 · 21 mins read

Asset Allocation Long-Term Outlook

2020s unlikely to be a rerun of the 1930s and 2000s

We anticipate that US equities will outperform long-dated Treasuries over the next ten years, even though the valuation of the stock market is even higher now than it was at the beginning of the 1930s...

16th February 2021 · 19 mins read