Attractive assets are just too expensive, particularly in fixed income. Equities, meanwhile, require growing earnings if they are to continue to rally. Ewen Cameron Watt, chief investment strategist with BlackRock Investment Institute, discusses with the FT’s John Authers where opportunities may lie in a difficult environment.
Attractive Assets Are Just Too Expensive
In his 2021 year-end letter, Baupost's Seth Klarman looked at the year in review and how COVID-19 swept through every part of our lives. He blamed much of the ills of the pandemic on those who choose not to get vaccinated while also expressing a dislike for the social division COVID-19 has caused. Q4 2021 Read More