Halftime refresh
09 July 2019
With the first half of the year behind us, what are the main items on the radar for the last six months of 2019? Before discussing these, it’s worth pointing out that markets are moved by surprises, and known risks tend not to cause big problems. It is the unknowns that hurt portfolios. In other words, investors should worry about what others are not worried about. However, when everybody is worrying about something, it often depresses the relevant asset price more than necessary, giving rise to buying opportunities.