We said in October that earnings yields in most equity markets compare very favourably to bond yields relative to history. That continues to be…
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…
Quarterly Investment Comment: Q1 2013