You may also be interested in
Investment Outlook: Q3 2017
Bull markets are born on pessimism and die on euphoria. By that yardstick, the current bull market – already one of the longest on record – has further to go. Many investors remain cautious and uncommitted; this has been one of the most miserable and loathed bull markets in memory. Yet, this feature helps to explain its remarkable longevity. Bull markets end only after the last buyers are flushed out, but there is abundant cash on the side-lines. We are certainly not seeing the kind of ‘cult of equity’ or FOMO (fear of missing out) behaviour evident in previous market tops. Market progress is being underpinned by better earnings growth.
Fidelity Fixed Income Monthly | August 2017
Fidelity Fixed Income Monthly provides a forward-looking summary of the medium-term views from the Fidelity Fixed Income team. Our investment approach is multi-strategy, with portfolio managers given clear accountability and fiduciary responsibility for all investment decisions in a portfolio.