Hamish Douglass: Covid, US elections and a 50% drop in the S&P500

<p>What are the key challenges Magellan founder Hamish Douglass is thinking about? In the midst of a pandemic, markets could grind higher by 20%, or drop by half – and investors need to be prepared for either scenario.</p> <p>----more----</p> <p>In this open and informative discussion, Hamish considers:</p> <ul><li>The likelihood of a vaccine, and what will happen if one isn’t found</li> <li>Who will win the US election, and probable market reactions to a Biden-Harris presidency</li> <li>Why rates that are lower for longer will continue to affect investors</li> <li>China’s fight with the US and how it will affect global stocks, and</li> <li>How to tilt your portfolio in a world where no outcome is certain.</li> </ul> You can access this and previous episodes of the Your Wealth podcast now on <a href='https://itunes.apple.com/au/podcast/your-wealth/id1325928571?mt=2&i=1000408628427'>iTunes</a>, <a href='https://nabtrade.podbean.com'>Podbean</a>, <a href='https://open.spotify.com/show/0AT15JJWlVfnX7JkeLndrb'>Spotify </a>or at <a href='https://www.nabtrade.com.au/yourwealth?ID=4826281763563771838'>nabtrade.com.au/yourwealth</a>   <p>If you’re short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won’t just reduce your listening time; it has also been shown to improve knowledge retention.</p>