The outlook for 2021, economically and politically, is admittedly somewhat dire, but this does not mean that investors should despair. On the contrary, investing has been highly profitable over the past few years and even the last few months for those properly prepared and positioned. In stock markets, the losses suffered in the recent correction have already been largely erased by a truly perfect V-shaped financial recovery.
It is quite telling though that the asset classes that have outperformed all others this year so far, by a considerable margin, are precious metals and US Treasuries. Safe havens have been in high demand and for good reason.
What should we expect next? And what are BFI’s recommendations for investments moving forward? We will discuss what our approach has been this year in depth. We’ll also discuss the key elements of our investment process and why it’s important to be disciplined and systematic, particularly in the current context.