Market analysis: the road to nowhere
The year so far has been fraught with confusion and angst as the US faces inflation not seen in 40 years and the prospect of a Russian invasion becomes more likely. The market, always sensitive to global instability, has behaved so far this year violently in both directions, not making a clear case for a direction other than sending us another reminder that volatility is real and here to stay. As markets trade strength for weakness, not all stocks and bonds are the same. And,