US domestic politics have dominated equities sector
Potential removal of double taxation paid on dividends gives hope to US investors.
Volatility in US pharmaceutical and healthcare markets has produced mixed results for long/short managers trading equities in this sector. A combination of political and regulatory wranglings over drug manufacturing is being blamed for price movements.
In addition, energy stocks including crude oil are being overvalued as a result of stockpiling in response to the threat of war, as Mike Ward
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