Recent numbers suggest that we might be slipping into 1% territory. Most of the volatility this year has been associated with forced selling by the over-optimistic who are now having to face reality. High borrowing, particularly in US dollars, and wasteful investment in unproductive projects have become unbearable in the absence of growth.
To read the diary in full follow the link below:
https://www.quiltercheviot.com/latest-news/a-1-world-diary-of-a-fund-manager/
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Moving overseas is exciting. The idea of making a fresh start in an exotic location is generally a cause for optimism and joyfulness, and for many becoming an expat will bring a positive outlook for the future.