Chanticleer
Why Hamish Douglass is worried
Magellan's Hamish Douglass says equities could grind higher, or the market could be heading for another COVID-19 crash. He's gone defensive in a world of uncertainty.
Hamish Douglass is torn between two visions of the future for financial markets.
The first is a best-case scenario where the world starts to get on top of the COVID-19 pandemic, work on a vaccine progresses, economies reopen, and governments and central banks continue fiscal and monetary support.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Equity markets
Fetching latest articles