JANUARY NEWSLETTER AND REVIEW

This is a free preview of a paid episode. To hear more, visit www.russell-clark.comGENERAL THOUGHTSWhen I started thinking about a pro-labour shift in politics, I tried to focus on areas where markets would be surprised. There are many, but in essence growth tends to surprise to the upside, demand is good, but financial assets are weaker than expected. I expected cash and commodities to perform well, long bonds poorly, and equities to be flat to weak.