‘Goldilocks period’ is often used to describe this period of reasonable growth, low inflation and low-interest rates which has led to excellent returns for equities and credit; i.e. ‘not too hot, not too cold’. Since the market bottom in March 2009, equity markets are up somewhere between 350% in US and 200% in UK.
Despite these good returns, this recovery has been characterised as ‘the most hated bull market in history’.
Jeromine Bertrand (CFA) of Momentum Global Investment Management, one of our UK regulated, discretionary fund managers explains what it means for investors. Click here to learn more.