Having started the week in a positive mood, equity markets then slipped back. For a change, it was not worries over the Korean crisis, but US politics. But in such relaxed – or should that read complacent – times, the slip back was hardly a massive move.
Monthly Archives: August 2017
Gosh. Are we still here? Clearly nuclear Armageddon did not take place. The crisis in the Korean peninsular rumbles on but markets – so far at least – have remained sanguine.
Equity markets continued to move higher last week, with European and UK equities doing notably well- albeit hardly a vertiginous climb. Once again, the driving force seems to be the ongoing flow of good macro data.