How to Prepare Your Portfolio For the End of a Bull Run

Markets have been on a near-uninterrupted winning streak for the past 10 years. But if the bull run is coming to an end, how can investors prepare? 

Cherry Reynard 17 June, 2019 | 10:55AM

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The recent bout of volatility has been a reminder to investors that stock markets can go down as well as up. For several years, this has been a rarity, with bond and equity markets seeing a near-uninterrupted run for the past decade. However, should the bull market be entering its closing phases, how can investors prepare?

There are a few reasons to be nervous about markets today. As Jason Hollands, managing director at Tilney Investment Services, points out: “growth appears to be moderating, borrowing costs have edged higher, trade disputes are a major source of risk and in the case of the U.S., the effect of tax incentives introduced by the Trump administration to incentivise the repatriation of cash held in overseas subsidiaries is starting to fade."

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About Author

Cherry Reynard

Cherry Reynard  is a financial journalist writing for Morningstar.co.uk.

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