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Newsletter dated May 18, 2017
After our last newsletter 2 weeks ago financial markets continued to rally. Major equity indices marked new record highs. Volatility dived to record lows. There are fundamental reasons behind diminished volatility such as still-ultra-low interest rates at a time of solid economic growth. However, a study by equity-derivatives analysts at Deutsche Bank AG found […] -
Newsletter dated May 8, 2017
Equity markets have gained as much as 5% versus our newsletter two weeks ago, interest rates are nearly unchanged while gold and crude oil went down. The biggest gain has come from Europe this time – celebrating the results of the first round of French presidential elections. Centrist Emmanuel Macron and far-right leader Marine […]