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Global equity markets have come out swinging start to the year. U.S. economic data has exceeded expectations, with the latest inflation reading suggesting a modest uptick in price pressures.
Geopolitical tensions and policy uncertainty are driving inflation risks. We look at the potential role of fixed income in portfolio positioning.
The global equity market is off to a reasonably good start this year, driven once again by the U.S. market and large-cap technology stocks.