Shhh...The Global Economy Is Doing Just Fine!

VIDEO: Investors have to wade through a quagmire of negative news on a daily basis but underneath it all, the world econonmy is actually doing quite well, says Justin Urquhart-Stewart

Holly Cook 27 February, 2013 | 6:17PM
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Holly Cook: Justin Urquhart Stewart of Seven Investment Management, we are here at the APCIMS annual investment conference. You are going to give a presentation that is entitled ‘Gain, Despite Economic Pain’. Why don't we look at the pain area first? The UK has just recently lost its AAA rating, does it matter? 

Justin Urquhart Stewart: The AAA rating doesn't matter. These credit rating agencies have an amazing ability of telling you yesterday's news. I would have thought most of the (APCIMS) membership, in fact all of the membership would've realised that this was going to happen. So it was only a matter of time. We've lost some brownie points, now get on with it. 

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Holly Cook

Holly Cook  is Manager, Morningstar EMEA Websites