The exceptional return from global equities in 2017 was accompanied by an unusual sense of calm in markets.
In mid-January 2018, the S&P 500 had enjoyed the longest period without a correction of 5% or more since records began in 1957. Since then, we have seen an equity correction of a little over 10%. The...
The US dollar is close to peaking and the risks now seem to be on the downside.
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