The recent rally in global equity markets can’t last, according to an op-ed piece by Richard Bernstein, published on FT.com.
Read: It’s risk-on again for emerging markets
Yet, research shows that there is reason to question the longevity of risk-on assets’ outperformance, which was directly related to the inflation of the global credit bubble in the 2000s.
Read more about the forecast for risk-on assets, and how the secular investment theme remains risk-off.
Originally published on Advisor.ca
