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  1. Confidence in the past

    April is easily summed up: It was a good month for both equities and fixed income. In fact, 2019 has been a good year so far, despite initial drops in both consumer confidence and business climate surveys on both sides of the Atlantic.

  2. Random talk

    So the S&P 500 just set a new record, of sorts: The first quarter of 2019, posting a total return of 13.6 per cent, was the best first quarter since 1998.

  3. Don’t pop that champagne

    Did you expect to read about waning fears of an all-out trade war between the US and China? Maybe you thought we’d provide a fresh take on the Chinese economy or growth in the eurozone?

  4. Pick a number. Any number

    Did it ever strike you that 31 December is a totally arbitrary date? It just so happens that we have decided to let that particular day denote the end of the year.

  5. Business as unusual as usual

    If you disregard a wee bit of volatility, November was a rather uneventful month in the global stock markets.

  6. Tricked or treated?

    Now, what to make of October? Some would say it looked pretty scary for a while.

  7. Portfolio manager commentary Pareto Global

    The continued escalation of the trade war between China and the United States, as well as rising interest rates have put a pressure on markets. Whilst at the same time we see a strong underlying growth in earnings for companies in our portfolio.