Will the UK see any real growth in earnings this year?

The first quarter of 2016 saw a significant correction give way to a sustained rally as the situation in emerging markets and commodities moved from being intractable to seemingly containable, writes Man GLG's Henry Dixon.

Such moves highlight the significant emotion that has taken hold in markets and sitting in the UK, we of course cannot hold a conversation without mentioning Brexit. The comfort that can be drawn from doing nothing in this environment is potentially considerable, and nothing may consist of raising cash levels or seeking the safety of cash like assets such as gilts. So it was that during Q1 gilts touched their record low on the same day the market troughed in February. This move has had a profound effect on share prices. For example, consumer staples have experienced positive momentum....