We used to be uncertain. Now we’re nothing like as sure.
Even Larry Fink, chief executive of BlackRock, the largest asset manager in the world, admits to being fearful, with trillions and trillions of dollars sitting on the sidelines because investors and companies lack confidence in the future.
According to private bank Coutts the proportion of entrepreneurs keen to sell businesses through management buyouts has tripled since the credit crisis ended. But chance would be a fine thing.