Follow the NAPS Portfolio - a systematic StockRank portfolio run by Stockopedia founder Ed Croft
This is the seventh year that I've published my New Year NAPS Portfolio - seven is supposed to be a lucky number. I am though starting the year with some trepidation about the state of the markets. On the one hand, there's a wall of stimulus continuing to come through, both fiscal and monetary, which should continue to support equity momentum; but on the other hand, this liquidity is papering over the reality that much of the western world is deeply insolvent. I certainly don't have a macro crystal ball, but I'm aware enough to understand that there…