If you have only time for one thing, watch this video.
Stretched valuations, peaking indicators, and central bankers starting to
withdraw liquidity. Are we running out of road?
Timing of this cycle is uncertain so investors need to hold risk assets for
longer to avoid leaving returns on the table.
Veteran investor Bill McQuaker describes his experience of Black Monday, the
Dotcom crash and the 2007-09 financial crisis.
Opportunities with low correlation to traditional securities can provide
effective benefits for portfolios at the end of the cycle.
Easy monetary policy could soon be over, with huge consequences for debt, asset
prices, inflation and much else.
In a downturn, uncorrelated asset classes can become highly correlated. See how
our investors prepare for those scenarios.
As the market matures, governance standards often become looser - which, in
fixed income, is most conspicuous in bond covenants.
Can Asia’s economic tiger save the cycle, or will its soaring debt bring the
world’s economy down?
Explore the universe of end-of-cycle literature from professional investors,
academia and popular culture. Asterisked items come highly recommended.