Weekly Insight - June 14th 2021
In the latest Weekly Insight: interest rates and inflation continue to dominate sentiment
Decrease in longer-term bond yields appeared to lift the S&P500 to a new record high.
For a 4th consecutive week shares in Europe continued to rise, helped by the ECB pledge to continue its bond purchases into the coming quarter.
The Chart of the week shows the level of frothiness in risk markets. Where this value increases, valuations are generally disconnected from fundamentals.