The Financial Outlook for Personal Investors: Contrarian investing after 14 years of mispricing money unravels

Russ Mould of A J Bell looks at the housebuilding sector and wonders if, in a tidal wave of bearishness, this is an opportunity for contrarian investors. He suggests bond yield proxies such as REITs are worth looking at. There are many types and, though offices may not fill again, the likes of supermarkets and online warehouses won't vanish. What we're seeing in the markets, he says, is the result of money being mispriced for 14 years and the encouragement of leverage and unwitting encouragement of complexity.