By Chris Bailey of Financial Orbit | Sunday 9 November 2014
There’s a lot going on at the moment. The impact of the US mid-term elections, implications from the monthly ECB meeting in Europe, changes in Russian, Japanese and Chinese policy-making plus volatility in foreign exchange rates and commodities and the ongoing Q3 earnings season (of course). If you pull it all together a casual observer would conclude that the differentials and challenges are building. Funny how not much of this is reflected in investor sentiment or volatility measures. Maybe that’s the dulling impact of expanding global QE. It feels to me much more of a specific world than that.
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