“It has been a solid start for US equities after a strong 2013. Their resilience has been particularly impressive given investors had ample opportunity to take fright. Despite much uncertainty over the crisis in Ukraine and the fact that US economic readings were weak (largely due to bad weather), equity investors shrugged off these issues. It was striking how resilient equities proved to be and how contained volatility stayed during this period.”
An interesting article and view from Dominic Rossi of Equities at Fidelity.
