Investment Director Tom Stevenson discusses the investment implications of Brexit, the outlook for the U.K., and European and global markets. Tom notes that it is unprecedented to have such a strong combination of both monetary and fiscal stimulus. People are worried about valuations moving to excessive levels and an upcoming correction, but Tom believes those worries are largely overstated. Looking ahead, Tom thinks we are the very beginning of a remarkable story of investment and change. He believes the 2020s will be a remarkable decade of investment in both the general infrastructure of the world and in the climate change challenge, and that it will be a decade of innovation.
Recorded on January 22, 2021.