09 May Reflation Theme Remains on Track, Despite Taking Pause
First Quarter Commentary – 2017:
Global equities racked up solid gains in the first quarter of 2017. Although investors remain concerned over the timeline and details of U.S. pro-growth policies, stocks significantly outperformed bonds. U.S. bond yields were range-bound, caught between rate hikes and rising uncertainty over the magnitude and timing of fiscal stimulus.
Read our latest Commentary.