Many investors are tempted by tactical asset allocation - the practice of shifting a portfolio's weighting as the outlook chops and changes.
Globalisation has come a long way fast, and many of the factors driving local inflation are now global in nature. But where will they go from here?
Amid record short positions
First UK rate rise in decade this month
Outflows of €449m this week
Voted to hike in November meeting
Most UK investors seem to view banks as one of the riskiest sectors in the market - a view I understand but fundamentally disagree with.