Guy Stephens: When investing and speculating intertwine

Having spent some of the festive season taking stock and stepping back from the noise, the New Year has started very much in the same vein as beforehand. Trump is again defending his fitness to serve, North Korea has engaged in more sabre-rattling, markets continue to attain new highs, commentators are still squealing everything is expensive … but still nobody is selling. We have identified two developments worthy of comment that may indicate a shift in sentiment and, by extension, are supportive of markets.  Following the Brexit first stage agreement in December, we considered the finan...