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Hamish douglass: covid, us elections and a 50% drop in the s&p500
What are the key challenges Magellan founder Hamish Douglass is thinking about? In the midst of a pandemic, markets could grind higher by 20%, or drop by half – and investors need to be prepared for either scenario.
In this open and informative discussion, Hamish considers:
- The likelihood of a vaccine, and what will happen if one isn’t found
- Who will win the US election, and probable market reactions to a Biden-Harris presidency
- Why rates that are lower for longer will continue to affect investors
- China’s fight with the US and how it will affect global stocks, and
- How to tilt your portfolio in a world where no outcome is certain.
