23rd January 2018
Equity markets have started the new year with a powerful rally. At the same time the great bond bull-market, which dominated capital markets for the last four decades, has finally come to an end. George Cooper, Equitile's Chief Investment Officer, looks at why equity markets are performing so well, despite rising interest rates. Improving global growth is the obvious answer, but monetary policymakers permitting or perhaps even encouraging higher inflation, adds an interesting additional dimension to the story. George explains why the inflation protection offered by equities may become more valuable.