Is it conceivable that Brexit might trigger the next bear market? It’s impossible to say. Research shows that the trigger for a bear is different every time. However, there are two consistent portents of doom: economic slowdown and excessive valuations.
1. Don’t let valuations outrun value
It is human nature to get carried away by hype.
When an investment phenomenon gains its own catchy acronym it is probably time to be worried.
Amazon is an investor favourite - but is it now time to sell? Simon Edelsten, co-manager of the Mid Wynd investment trust, says yes.