Investment valuation declines precede recoveries

That investment valuation declines precede recoveries is an historic market fact: we published this article for the enlightenment of our clients in October 2008, during the distressing days of the GFC as part of a process to engage with them and help them see aspects other than the negativity of the 'popular press' at the time. We have re-posted the article by way of a nostalgic 'hindsight reflection'. Investment markets [...]