Macro Monday – Its all a bit average, plus gold does help and the UK economy isn’t as bad as we all thought
Plus, why I still think we shouldn’t under estimate a bounce back in equities even if valuations look a bit average
Sort of average
So, we’ve had a bank run – or two – and interest rates keep going up…and yet March was actually a half-decent month for stock market investors.
Take the US markets as a case in point. The S&P 500’s total return for March-to-date was 3.67%, but according to S&P Dow Jones market guru Howard Silverblatt, the breakdown was revealing.
The 3.6…
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