IASF – Seasonal Reflections

We have entered the often-tumultuous autumn season in global financial markets, and the world outside my office window looks appropriately cool, cloudy and grey at the time of writing this. However, when looking at global equity and risk asset markets one cannot help but being puzzled by the obvious summer high they are still enjoying. – In my humble opinion it appears that investors have finally completely detached from the real world and the fundamental news flow it has been delivering over the past couple of weeks. But I guess it is only me…