Premier's White: Why markets are polarised rather than expensive

Time for contrarian approach

Despite certain areas of the market being highly valued, Premier fund manager Chris White explains why others remain cheap and why he believes that this is an opportunity for investors who are prepared to take a contrarian view.

For the last ten years since the credit crunch, we have been living in a low growth, low inflation, low interest rate, low bond yield, low volatility world as economies recovered from the credit crunch. However, things have moved on and we are now in a world which looks more optimistic. Global growth is expected to be around 3.9% in 2018, there is more inflation around and interest rates and bond yields are on the rise in many places. This means we are now in a world where we can expect more volatility and the increased confidence may mean that the experiment in quantitative easing may s...