We remain long term optimists about financial markets

There has always been a reason each year why you should not invest, yet looking back over the passage of time it has been far better to be a dumb optimist than ever to be a smart pessimist about financial markets.

The tailwind of the global economy has meant the world has become wealthier over the last century. Advancements in technology are making our lives easier and our economy ever more productive.

Adam Smith’s invisible hand is still at work, and while the world faces many problems, progress has been abundant.

We have no doubt the future will bring more of the same, and that wealth will continue to be created for investors in financial markets in the long term.

With this in mind, we remain forever optimistic about the opportunities for growth, and investors large and small can share in those gains by simply staying invested.