Higher Interest Rates In H2 2017

Since the Spring, reflation trades and interest rates have stalled and corrected down. We believe this retracement will find an end this Summer and that H2 2017 will see a second strong move up in reflationary assets: higher interest rates, followed by higher Financial stocks, Growth and Defensive assets will under-perform again. Commodities could follow from mid/late Summer, Jean-Francois... Еще Owczarczak, Director, Management Joint Trust and FinGraphs.com.

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