Equities seem to have a clear run at the moment. Stronger global growth with the US and Chinese economies both surprising to the upside is constructive. Central banks continue to fret about if and when to raise rates but are likely to remain timid. Meanwhile there are signs of global inflation picking up which will be something of a challenge to low bond yields. Equities are your friend, at least for the moment.
Tuesday 08, July 2014 by Gary Dugan