Gresham House
Specialist asset management
Commissioned report on biodiversity and natural capital with Pensions for Purpose Read more 12min
May 2023
May 2023
Recessions are a natural, cleansing part of the cycle
In a run-of-the-mill recession, the fall in profits is recovered fairly quickly and the shortfall of earnings is not very meaningful.
A recession that occurs alongside a debt crisis is a different matter. These recessions are deep enough and long enough to drive a large number of companies into bankruptcy. Most recessions are not of that sort and we do not believe that this one will be.
Join Kathryn Hannon, John Mattimoe and Derek Heffernan as they discuss the prospect of a ‘Recession’ or a ‘recession’, consider how equities outside of the US remain at attractive valuations, allowing for buying opportunities, and what this all means for the positioning of our suite of funds in Ireland.
More views from Gresham House
Although central banks have increased interest rates meaningfully, depositors are yet to see the full benefits reflected... Read more 3min
The latest in Tony's series of interviews Watch video 6min
Our new CIO newsletter, covers all you need to know about the current environment in global forestry investment. Read more 3min
