Road to recovery – is now a good time for equities?
After a year of uncertainty, it is preferable to target risk levels rather than make market calls
By Charles Younes 26
th April 2021 9:35 am
At the time of writing, global markets are still being plagued by uncertainty. While in the UK the government’s vaccination rollout has led to some long-overdue optimism, lockdowns are being implemented across much of Europe as talk of a third wave of coronavirus on the continent grows.
The events of the past year have shown the near impossibility of predicting market movements and the impracticalities of taking a short-term approach. This is a reason why we prefer to target risk levels, rather than making market calls.