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The investment world seems to be collectively listening to ‘Weightless’ by Macaroni Union. The S&P 500 has not had a single day of losing 1% or more since Donald Trump’s election, realised volatility is near long-term lows and global equities are up almost 6% in only the first two months of the year. Not that I’m complaining, but what’s going on?

March 20, 2017 5 mins