12-month momentum positive for Brent and US Treasury yields now
U-turn by the Fed and "taper tantrum" unlikely for the time being
Option markets euphoric for single stocks, sceptical for overall market
A new all-time high is rarely the end of the road
Mixed performance picture in 2020
VIX below 20 would further boost demand for shares
Some assets up in 2020, others with catch-up potential
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