Redwood: The bull and bear case for global equities

Can worry too much

It is fashionable to worry. Investors and commentators find plenty to worry about. There is Mr Trump's policy difficulties, threats to the euro, concerns over Chinese debt and falling commodity prices, writes John Redwood, chief global strategist at Charles Stanley.

But we think you can worry too much. In practice, the years since the Western banking crash have been benign for investors in both bonds and shares. Bondholders have benefitted from an amazing bond bull market, underpinned by massive official buying of bonds in Japan, the US, the UK and the euro area. Janus Henderson's Barnard: In the current cycle, the biggest mistakes will be made by fear While shares have prospered from steady world economic growth, low interest rates and the favourable impact of new technology, new services and products. The money released by investors selling ...