Allocation to UK equities reaches four-year high
Thawing of geopolitical tensions behind positive outlook
Hamish Baillie points to Brexit and election
Services sector behind 'strong July'
Cautious approach due to recession and political risks
Anticipated downturns should not weigh on long-term decisions
Reviewing their usefulness at a time of intense volatility
Recession due but will be relatively mild
A look back at the past three major downturns
Monetary stimulus merely postponing the inevitable