Published: Feb. 1, 2019
The themes that have dominated markets over the last 2018 quarters are:
- slowing Economic growth,
- US-China trade war,
- unclear Fed interest rate policy in the near future,
- Italian fiscal budget,
- end of CSPP.
The above topics contributed to an increasing negative market sentiment, which affected almost all asset classes. These macro factors exposed the €HY to high volatility and negative returns. Continue Reading