Amanda, Head Engagement for StashAway kindly invited myself to The Octagon to hear Freddy out on “StashAway’s Market Outlook 2020” on 17 Dec. And Freddy by the way, is Co-Founder and CIO of StashAway.
One thing that people are trying to hype up the market is President Trump’s impeachment. How and how much will it affect the markets?
StashAway’s Outlook for 2020
Here comes the spoiler: An impeachment’s effect on the markets is no difference from other political noise.
Throughout history, it was always something else beside impeachment that caused bear markets. It has taught us that for a single event to alter long-term trajectory of asset prices, it has to exert significant and lasting influence on economic growth and inflation, and subsequently on the markets themselves.
Noises and volatility are created, but they do not change the path of the entire economy. Freddy further affirms with...