Funds & ETFs 

The 'tyranny of the masses' fills the policy void

The 'tyranny of the masses' fills the policy void

Regular readers will know this column has long believed policymakers would struggle when trying to foster economic growth. With little left in their policy armoury, central bankers have become increasingly irritated at what they see as government inaction in helping to stimulate growth. Into this void has stepped the electorate. Brexit and the election of Donald Trump will, in their different ways, lead to a sufficiently meaningful stimulus in both countries from which well-placed investors could benefit.

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