Global

Also best performing region YTD

'Sell in May and come back on St. Leger’s Day'

'Final blow' to Obama's legacy

Remains positive on bonds

Reforms not enough

First downgrade since 1989

Volatility hits 23-year lows

Climbed above 14 on Wednesday

Davan Byrne, fund manager at Davy Asset Management, outlines the factors he believes are contributing to the lowest market volatility levels in two decades.

John Redwood, chief global strategist at Charles Stanley, challenges investor preconceptions about investing in Australia.