Since the bottom of the market in March 2020, investors enjoyed the benefits of a potent combination of fiscal and monetary stimulus, vaccine success and the release of pent-up consumer demand. Markets have had a constant flow of catalysts to drive prices higher and valuations have soared as a result. However the possible collapse of Chinese property firm Evergrande has set the cat amongst the pigeons with investors asking if this is “China’s Lehmans moment?” Our session will seek to remind us that corrections are a normal function of efficient markets and that for successful investors longer term trends dominate short term noise.
Catch up on the webinar presented by Rathbones, here.
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