So much for the old adage that investors should 'sell in May and go away'. Markets seem to be in an almost euphoric mood, having survived a near brush with death over Brexit.
Eoin Murray, head of the investment office at Hermes Investment Management, questions how much of the recent market rally is grounded in reality.
Oil volatility grinds lower
Just over a month ago, volatility, as measured by the VIX index was around 26%, the highest reading since the Chinese slowdown scare of last August. The FTSE 100 was plunging, reaching its nadir of 5,500 in the morning of 11 February.
Further volatility expected
Russ Koesterich, chief investment strategist at BlackRock, examines which equity styles could thrive in the current turbulent market environment.
Investors rush for the exit amid China fears