With capital cheap and plentiful, ‘buy now, pay later’ seems an eminently logical strategy. But will it prove sustainable when the time comes to pay? Or is the perpetual growth machine ready to stall?
In the midst of a tranquil September, a sudden market reversal and a liquidity shock were fleeting but potent warning signs for a market still riding high on central bank support.
While trade tensions may be lessening and (some) central banks easing, there is plenty of damage still in the pipeline. But while markets wait for the fallout, investors have yet to adjust to the realities of a low yield, low growth, low return world.
With Abbey Road back in the charts and the We Co rocket failing to launch, it’s a good time to remember that cashflows still drive value, even when value is hard to find.
Billionaire Bill Gates claims selling shares of fossil fuel companies is ineffective in the fight against climate change and has had “zero” effect on emissions. We think he has a point.
The proportion of people who are investing sustainably is significantly lagging those who are interested and would like to invest, indicating that a gap exists between investors’ intentions and their tangible actions, according to the latest Schroders Global Investor Study 2019^.
Investors have high expectations for their investments despite the low growth, low interest rate market environment, according to the latest Schroders Global Investor Study*. This finding was more evident among Australian investors, whose income expectations exceeded those of their global counterparts.