The outlook for stocks is improving

This is the best of times for investors, says Max King. Global risks are receding, but few have noticed.

Stock performance on phone
(Image credit: Getty Images)

In June 2022 Jamie Dimon, CEO of JPMorgan, advised investors “to brace... for an economic hurricane” caused by the war in Ukraine, rising inflation and higher interest rates

In August, he warned that “something worse” than a recession could be coming. In October, he claimed that “very, very serious headwinds” were likely to push the US and the world into recession “in six to nine months”. 

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.