Despite global growth being slower than desired, it is positive, with markets proving to be quite resilient after a rocky start to the year. External shocks are yet to derail the recovery. Property assets have been in strong demand for their yield and interest rates continue to, in aggregate, drift lower – providing some additional support for share markets.
From a long term valuation perspective of asset classes, we see growth assets as being attractively priced at current levels. This view is expressed and displayed in our Tipping Points Table below.
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