In Focus: markets as we see them
Last updated: 19 May 2017
Inside this week:
- Unimpeachable? This week, markets were taken by surprise by the gathering momentum behind the, still remote, potential for President Trump to be impeached.
- Pernicious protection History tells us that a low VIX doesn’t necessarily signal lower equity returns, neither does it signal an impending eruption in market volatility.
- Investment conclusion If you want to insure your portfolio against drawdown risk, it’s going to cost you – sadly another instance of not being able to have ones cake and eat it. For those who genuinely wish to further protect their portfolio, it may just be easier and cheaper to do so by reducing equity exposure.
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