After such a strong rally in risk assets over the course of this year, write Anthony Rayner, markets are clearly pricing in better times but whether they will be proved right is a different matter.
Looking across asset classes over the year to date, the real action has been in quite specific areas. US treasuries and gold, for example, are just about where they started the year, holding their own...
View from the front row
Project Libra unveiled
Including SJP and investment trusts
Spent two years at Sanlam
Will also assess FCA's actions