Don’t fight today’s market with tomorrow’s money

James Swanson CFA, Chief Investment Strategist at MFS, weighs in on the commodities rout. “Trying to pick the bottom can be self-defeating, so I think it pays to be cautious with new investments in the financial markets.” In his view, however, this should result in more spending & growth - though this is yet to materialise. “Looking at history, recessions haven’t occurred because commodities are cheap — usually, it’s the other way around. Many of the world’s consumers and producers ultimately stand to benefit from low energy costs.” He provides 5 points on where how thinks global markets are positioned at present: (VIEW LINK)