Chief strategist David Bakkegaard Karsbøl’s view on the latest development in the world economy

In his latest monthly comment, Sparinvest’s Chief Strategist, David Bakkegaard Karsbøl, explains why the ‘January effect’ was absent from world equity markets.

He looks at: reasons for the Emerging Markets ‘mini crisis’; the Chinese authorities’ response to interest rate volatility; the relative expensiveness of US versus other stocks and the prospects for Europe taking over the monetary sweet spot. Read more here.