Following last week's successful Brexit vote, investors should be under no illusion that globalisation is now under attack.
Will end up with a 'very expensive' market
Increased volatility and competition from passives
'Disappointing' seems to be the most common epithet attached to the word 'growth'. This is as true for the US as it is many other developed and developing economies.
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
Correlations at elevated levels
Growth only a fraction of what it has been in past