Concerns about rising rates
Last month, the US Department of Labor reported average hourly earnings had increased 2.9% in January. Wage gains, largely absent from the post-crisis recovery, are good news for the economy.
First meeting for Powell
First testimony since taking over role
Issue of 'self-doubt' and over-valued bonds
$38.7bn inflows in Q3
Amid record short positions
Dan Kemp, chief investment officer, EMEA at Morningstar Investment Management Europe, said concerns about unattractive valuations across global asset classes and a wide range of possible return outcomes are key drivers shaping the team's current investment...