Test your defences

Test your defences

It’s a curious time to be an investor, or an investment writer for that matter. Many familiar assumptions are under scrutiny because of fiscal policy initiatives undertaken in the wake of the global financial crisis. Those initiatives, labelled “the greatest monetary experiment in the history of the world” by Jacob Rothschild, have been accompanied by tightening regulation in a host of industries. The challenge for investors is in determining where their influence gives way to normal market fundamentals.

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