Speaking to Livewire Markets, Nick Griffin – CIO Munro Partners – explains his rosy outlook on markets and why this opportunity won’t last forever.
We’re living the charmed life in markets and we don’t even know it. COVID-19 has accelerated the growth and uptake of technology, and companies are reporting record levels of growth from the scale of technological disruption last year. Not only that, computers are getting faster and can keep pace with our uptake.
The world is flush with cash from stimulus packages, especially in the US, and we’re in a low-interest rate environment. More to the point, the inflationary spike everyone is fearing has not yet hit. In fact, even if interest rates were to go up, Griffin said, it’s not going to change who wins in the long run. No fear.