VIX

Climbed above 14 on Wednesday

Davan Byrne, fund manager at Davy Asset Management, outlines the factors he believes are contributing to the lowest market volatility levels in two decades.

Three big differences

Valuations remain high

Saw a 9% fall yesterday

Little fear in the equity market

Too close to call

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.

Sterling volatility hits highest level since 2009

Eoin Murray, head of the investment office at Hermes Investment Management, questions how much of the recent market rally is grounded in reality.