Richard Buxton, Merian Global Investors | Moon Landing marked the beginning of bear market
04 mins 52 secs
The 1960s had been kind to equity investors with a basket of growth stocks, the so-called Nifty-Fifty, seemingly unstoppable. But then inflation kicked in over the following decade and market leadership changed. Richard Buxton looks at the lessons to be learned half a century on, when a small number of growth stocks are in favour, and no one appears to be worried about inflation.