Reuters (December 4)
The “broadly positive headlines” from the G20 meeting “are only half the picture. For all the efforts to keep it on track, the meeting in Buenos Aires also served to showcase an alarming rise in the number of international differences.” To make matters worse, “a growing number of leaders appeared openly hostile or dismissive of each other. The primary diplomatic breakthrough of the summit—a joint declaration to reform the World Trade Organization—may simply be a precursor to more arguments.”
Tags: Breakthrough, Buenos Aires, Differences, Diplomatic, Dismissive, G20, Hostile, Joint declaration, Leaders, Positive, WTO Arguments
Fund Strategy (June 1)
“European sceptics are being forced to acknowledge the recovery in a region that they have failed to understand politically, as the eurozone enjoys positive PMIs and employment figures while rejecting populist politics…. April saw the fifth largest allocation shift from US to European equities since the start of the eurozone in 1999.”
Tags: Allocation, Employment, Equities, Europe, eurozone, PMIs, Populist, Positive, Recovery, Sceptics, US
