Quarterly Investment Comment: Q1 2013
Quarterly Investment Comment: Q1 2013
We said in October that earnings yields in most equity markets compare very favourably to bond yields relative to history. That continues to be…
Prudent risk-taking was rewarded in the recent quarter with most equity markets rising at least 3% (unhedged) despite strength in sterling. Previous laggard…
The summit last week came up with a decision to use the eurozone’s bailout fund to provide direct support to struggling banks. Spain…
Stockmarkets got off to a strong start in 2013. Earnings yields in most equity markets still compare very favourably to bond yields relative…