Strategy & economics
“After a torrid December, we’re now at extremes of negativity”
2018 was one of only three years in the last 80 where both shares and bonds under performed cash, says Caspar Rock - as he looks ahead to 2019
Markets are alive to negative newsflow, and after steep falls in the latter months of 2018 equities are in general cheap by historic measures.
Growth is slowing - but a recession is unlikely. In this video Cazenove Capital’s Chief Investment Officer Caspar Rock talks through the four factors that underpin our investment process: the economic backdrop, valuations, sentiment and risk.
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