Markets

Equity markets globally currently remain vulnerable to sharp shifts in sentiment, caused by either unexpected or unwelcome outcomes in key upcoming political events (US and German Elections, Brexit and Italian Referendum).

Says political risk has heightened

FTSE 100 stronger

Value investors have been forced to endure a prolonged period of underperformance, as extreme market dislocations caused by central bank policies have boosted the appeal of growth counterparts.

After a summer which was surprisingly quiet by the standards of recent years, we may be at the point of significant change in the direction of markets.

BoE action fuels demand for gilts

Apple and Irish government disputing claims

Committee members believe more data is needed

Our new Theresa May-led Conservative government seems to be engaged in a classic example of kitchen sink revisionism, steadily ditching a whole series of commitments made by its predecessor.

So much for the old adage that investors should 'sell in May and go away'. Markets seem to be in an almost euphoric mood, having survived a near brush with death over Brexit.