It’s time to look at overseas markets (The Aust 01/02/20)
What about sustainability of markets this century? There were many times through the second decade of the 21st century that we heard about how “fragile” the recovery was — how “benign” growth is — or even “sell now as a sharp correction is around the corner”. Yet in reality, the opportunity cost of having held cash over an allocation to risk-based assets in line with your risk profile was costly during the 2010s.