The next three months are seasonally the most difficult for equities
Volatility - YTD highs in Europe and YTD lows in the USA
Is the S&P 500 Index unstoppable?
Rising US government debt should put pressure on interest rates
Copper at all-time high with fundamental and speculative tailwinds
Reporting season stabilises earnings expectations in both US and Europe
US inflation causes interest rate cut expectations to fall, bond yields to rise
Low index volatility, strong rotations below the surface
Europe shines even without glitter
Gold at all-time high without a clear trigger and despite ETF outflows