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We need to talk about Volatility

  1. May Day May Day! Markets have been wobbling. In May of this year as in May of last. Back then, it was the UK and US bank holiday at the end of the month which provided illiquidity amidst the creation of the new anti-establishment Italian government which led to market turbulence.

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Home Straight?

Lighthizer and Mnuchin have arrived in China to begin the next and “final laps” of Chinese trade talks with China Vice Premier Liu, with the return journey being made by the Chinese coming to Washington next week (beginning May 4th).

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Spanish Election Result

  1. Winners:
    • PM Pedro Sanchez’s PSOE emerged as the biggest party, with 123 seats (+38)
    • Far-right representation for the first time since the fall of Franco,

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