Questions, Questions…

There are many questions to ponder this week. From the strength of the US recovery to why markets seem only periodically concerned with geopolitical turmoil – is everything a buying opportunity these days? Are junk bonds our canary? Is Banco Espirito Santo the last European bank casualty or a taste of things to come? US … More Questions, Questions…

Pushmi-Pullyu

Pushmi-Pullyu Conflicting narratives continue to drag markets hither and thither. Increasing levels of M&A highlight increasing corporate confidence, buoyed again by improving growth figures. However, the Ukraine-Russia conflict and dashed Q1 earnings expectations add uncertainty and disappointment. It all adds up to a volatile, but not inflammatory mix since the quest for yield continues to … More Pushmi-Pullyu