March 2020
It's not about timing the market, but about time in the market
With global markets staging a healthy recovery last week, investors hold their breath as to where we go from here – higher or lower as the game show likes to say. Central banks and governments the world over have thrown the proverbial kitchen sink at stimulating their economies, so now that silver bullet has been shot, all that remains is for markets to watch the progress of contagion and evaluate how effective the stimulus packages are in offsetting a severe recession. Whilst this is a deeply concerning inflection point for investors, there is some evidence of a Chinese recovery taking...
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March 2020
What goes down must come up
“The value of your investments can go down as well as up". Being investment professionals, you will all be familiar with that phrase because it’s plastered on every piece of literature in the investment industry. Whilst it’s unavoidably true, it’s a cold and sterile statement that entirely overlooks the emotional roller coaster that accompanies a major sell-off.
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February 2020
The darkest hour is just before the dawn
Well, the markets have hit us all with a vengeance. Arguably, after a decade of rallying markets and handsome returns we can’t say we at TAM are surprised that we are now facing a correction event. The ‘how and why’ is the debilitating factor. One could argue the correction was, at some point, inevitable, and if it didn’t come from the Coronavirus outbreak then it would have come from something else.
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