Nobody knows what the future holds, but we hope you enjoy David’s ‘predictions’ of what might happen before he turns 64.
When I’m 64
3 June 2019
Article last updated 19 February 2023.
Just because it’s impossible to read the future, doesn’t mean it’s no fun trying. Here are my lucky-dip predictions for what the world may look like when I celebrate my 64th birthday in 2029. If you’re a regular reader of our In the KNOW blog, you’ll know to take some of these forecasts with a dump truck of salt …
- The Bank of England will change its inflation target to a rolling average rather than its absolute 2% one; that could mean the 10-year gilt yield remains below 2.50% throughout
- Asia Pacific will deliver the best stock market returns of any major region
- UK house prices, adjusted for inflation, will be lower in 10 years’ time
- American stocks will continue to outstrip European ones
- By the end of the decade, only a quarter of UK 18-year-olds will go to university
- Passive investing will be falling out of fashion as the next 10 years wind down
- EU regulators will abolish fund performance fees
- After Britain joins 'EU Lite' (a new common market) with Turkey, Norway, Greece and Italy, Nigel Farage will found the EU Litexit Party
- Scotland will be a part of France, as the Auld Alliance succeeds in the very long game
- John Bercow is replaced by Amazon’s Alexa as speaker of the House of Commons in 2029
It hasn’t always been easy going, but Rathbones’ multi-asset strategies have come a long way since they were first launched a decade ago, and David Coombs, our Head of Multi-Asset Investments, takes the opportunity of this 10-year anniversary to reflect on that journey in his report 'Cracking on'.
