This webcast, held on 9 December, was our final “event” of what was quite a busy schedule for 2021.
Two excellent speakers addressed a highly engaged audience on the economic and investment outlook both globally and closer to home. Scott Thiel of Blackrock Investment Institute gave a sneak preview of their core views for the coming years, which entails being tactically short on government bonds as an asset class, while still favouring equities. Jim Power, one of Ireland’s leading economists, highlighted many of the issues pertinent to our own local economy such as Brexit impact. Interestingly he cited political risk as something for investors to bear in mind.
There were several questions from the audience on issues such as stock market valuation and how pension trustees should respond to the forecast economic environment.
In a poll carried out with the audience the majority believed inflation in 12 months’ time would be at current levels or higher.