Go west for historic returns: Favourable fiscal policies see US hit all-time highs

Land of the Free still hard to beat

In the past few months, we have reached an extraordinary turning point in markets – a turn for the ages and the history books. It presents an investment opportunity, the like of which many of us have not seen in our lifetime and which many of us will not see again.

The turn is occasioned by the reverse in the interest rate cycle repositioning itself back to where it was at the end of the Second World War, after 40 years of falling rates. The implication of this...