While the yield attractions of equities have rarely been so strong relative to bonds, it is undoubtedly right that a significant amount of commentary is currently devoted to record levels of net debt and shrinking dividend cover.
In aggregate this is impossible to refute, but we note just how concentrated the majority of debt is within the UK market. This means that through a focus on net cash balance sheets and superior free...
The US dollar is close to peaking and the risks now seem to be on the downside.
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