Yes, the world is changing. Rapidly. Volatility, Uncertainty, Complexity and Ambiguity are everywhere. We know that, we are reminded every day. So how can this be a good time to invest into risky assets such as mid caps? The answer is as simple as liquidity. As the old certainties break down – from politics to climate change, from monetary policy to the role of government – the response from policy makers has been to stimulate economies. Monetary and increasingly fiscal stimulus has been used to smooth the rougher edges of a world in transition. If you want evidence, then thi...