Is it really too late to be bearish but too early for sustained recovery?

Such is the dilemma currently facing UK equity investors, as long-term opportunity is weighed agains...

Such is the dilemma currently facing UK equity investors, as long-term opportunity is weighed against short-term risk and market volatility. The atypical combination of economic recession, financial market instability and plunging corporate profits, contend with extremely attractive valuations and unprecedented, globally coordinated government stimulus. A bubble of easy credit and poor regulatory controls, as well as initial policy error, not only threatened the collapse of the global financial services industry but clearly exacerbated the extent of this cyclical downturn. Governments hav...