Swiss Economicblogs.org
Risk assets had an exceptionally strong first quarter, but a repeat performance will require overcoming numerous obstacles.The first quarter was an exceptional one for risk assets—so exceptional that it is difficult to see how their performance can be repeated in the present quarter without some strong catalysts. According to our analysis, annualised returns on equities in the first quarter were up to three times higher than their historic average in the case of developed-market equities,...
Read More »Reality check means markets face a pause
