A much stronger than expected US employment report put the equity markets in buoyant mood. However, US 10 year yields remain close to their lows at 1.37 per cent, suggesting that the world still has some sizeable challenges. The news-flow from around the world shows that policymakers remain engaged in trying to stimulate growth whilst the underlying picture is one of benign growth. Investors continue to focus on income generating assets.
Tuesday 12, July 2016 by Gary Dugan