Liontrust's Husselbee on 'the three Rs'

Markets continue to climb the proverbial wall of worry and the S&P 500 index was back into record-setting mode in April.

As we saw throughout most of 2018, before panic erupted in Q4, this ascent has come despite ongoing trade and Brexit distractions - although US President Donald Trump's latest sabre-rattling about higher tariffs on Chinese imports threaten one of the best starts to a year for global equities in nearly half a century. On Brexit, after the scheduled exit date of 29 March passed, April was quiet as politicians retreated to plan their next moves. Nomura's Hodges favours risk assets as tensions remain With little sign of the stalemate breaking, there is growing debate on whether the UK ...