The decade of the Twenties: Why long-term stockmarket returns should 'reassure investors'

The current macroeconomic backdrop is a good opportunity for us to be reminded of the difference between 'signal' and 'noise'.

While the former offers important evidence that ought to be incorporated into a decision-making process, the latter only serves to confound and confuse. While it is true that we face the continued threat of Brexit disruption to business, a potential re-escalation of conflict in the Middle-East, increasing corporate default rates and seemingly endless trade war uncertainties, over the long-term, it is not likely that any of these events will prove successful in arresting growth. Is it time for unloved European equities to turn a corner? As global markets enter the decade of the Twen...