StOmer wrote:Interesting discussion about a likely recession this afternoon on CNBC, the charts used went back to the 1700's showing we've been fairly calm comparatively since around 1850. Current conditions suggest a recession within 12 months or less but twice in recent years the same signals were wrong. Most of the panel had gone light on stocks and long-dated gilts but sticking with some Tech and US Consumers. Reading your link reminded me how badly my portfolio suffered back in 2008, losses were recovered in 2-3 years but at the time it was scary.
It's sobering reading and I think it helps my "justify" some of the comments that I'm too cautious.
Appreciate it's a balancing act but I'd prefer not to see 40% wiped off and make a bit less I think.
Can someone explain to me the attraction of IT's such as Murray International?
I see it mentioned a fair bit yet looking at its recent performance it appears a bit of a mutt?