A short watch. 

In this video, Thomas Becket, CIO at Psigma Investment Management, shares with Octo why he believes a return to quantitative easing in the US is not far away as the government “continues to spend money like its going out of fashion and destroys their balance sheet”.

With this in mind, he believes that the biggest challenge for investors to contend with this year, compared to in 2018, is a change in stance from the world’s major central bankers.

He believes central banks have “gone from moderately hawkish, or at least less dovish, to throwing the tail in and recognising that the world has still got quite a few problems and they will need to support financial markets.”

Thomas also reflects on a “confusing” first quarter for markets in 2019, which has seen him take out some risk from portfolios to adopt a more cautious approach.

“Be open minded, tactical and flexible in your thinking has got to be the way forward,” he suggests.