High yield isn't cheap anymore, we view the risk of a recession as low, yet acknowledge default rates are ticking up. Richard Turnill More Quotes by Richard Turnill More Quotes From Richard Turnill I look at the charts, and to me that looks pretty scary. Richard Turnill company-news Generating returns is likely to be particularly challenging for investors in U.S. assets. Richard Turnill money Our international equity return estimates are now above the long-term average, thanks to improved valuations outside the U.S.. Richard Turnill money These assets are still important portfolio diversifiers, but the price of that diversification is rising. Richard Turnill money
