McQuaker remains bullish despite local and global headwinds

Henderson's head of equities Bill McQuaker comments on the coalition's ‘shotgun wedding' and why he is still bullish on equities despite the difficult times ahead.

The announcement of the coalition between the Conservatives and the Liberal Democrats was successful in removing immediate political uncertainty following the election, but further out the ‘shotgun wedding' between the two parties raises almost as many questions as it answers. Whilst one piece of the puzzle may now be in place, it remains to be seen just how this unlikely new partnership will work in practice. None of the three main parties were entirely honest with the electorate about the scale of fiscal retrenchment needed to stabilise the public finances. The Conservatives had, ho...