If there’s one thing that investment markets and managers find very challenging, it’s dealing with uncertainty. The dark clouds of uncertainty having been lurking around the global economy for a long time now many market watchers are surprised that markets have managed to avoid responding too negatively. But what lies ahead? Should we be bracing ourselves for a downturn? When it comes to making asset allocation decisions how do you make sound long term strategic plans for client portfolios when there is so much doubt and uncertainty about what’s going on in the global economy?