Potential for QE to be ended earlier than expected
Unprecedented stimulus
For much of the 20th century, understanding the demographic changes in the Western world would have allowed you to predict government bond yields pretty accurately.
Money still leaving active equities
About 45% of the global bond market is now eligible for central bank purchases. While it is difficult to position for further significant falls in gilt yields, it is hard to fathom what will lead to yields breaking sustainably higher, according to SLI's...
The 'growth gap' between emerging and developed markets is widening in the former's favour and emerging markets are expected to grow by a robust 4.5% this year, according to Muzinich's Warren Hyland.