Hamish Douglass: Covid, US elections and a 50% drop in the S&P500

What are the key challenges Magellan founder Hamish Douglass is thinking about? In the midst of a pandemic, markets could grind higher by 20%, or drop by half – and investors need to be prepared for either scenario.

In this open and informative discussion, Hamish considers:

• The likelihood of a vaccine, and what will happen if one isn’t found
• Who will win the US election, and probable market reactions to a Biden-Harris presidency
• Why rates that are lower for longer will continue to affect investors
• China’s fight with the US and how it will affect global stocks, and
• How to tilt your portfolio in a world where no outcome is certain.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

 

If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.