Resumo do Relatório
Going with the flows: Eye on the World
Markets eased after Monday strong rebound, whilst yields continue to stabilize, even with strong US ISM and reports all adults to have vaccine access by end May, 2-mths early. See strong cyclical catch-up, IT resilience, and markets well-supported.
HOT TOPICS flows focus with US equity US$35bn inflows YTD, turnaround from US$300bn outflows last year and big inflows to cash and bonds. Sector trends show reflation leaders energy and financials flows lagging and are still under-owned.
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