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ST Wong

Should investors trust the bears or a new economic cycle?

Investors who look through bearish signals will find companies poised to benefit from economic strength.

Was it really just 18 months ago that the price of oil was negative? Oil producers had such a glut they were literally paying buyers to take barrels of oil off their hands. What has changed?

Commodities experienced a boom. Residential property, industrial property and shares boomed alongside. Was this just a trade in risk assets resulting from COVID-19, or the beginning of the next economic cycle?

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ST Wong is chief investment officer at Prime Value Asset Management.

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    Original URL: https://www.afr.com/wealth/personal-finance/should-investors-trust-the-bears-or-a-new-economic-cycle-20211007-p58y1j