Markets continue to scale new heights, especially in the US. Meanwhile, Europe and Asia continue to show uncanny resilience to the political mess in Europe.

Furthermore, Trump rally is just a “hope trade”. There are major political events in 2017. Brexit is still a long way to go.

How long can the equity markets turn the blind eye towards the macro/fundamental scene?

Listen to the full segment in which James Hughes, Chief Analyst at GKFX discusses the broader market outlook. Hughes says the ‘great disconnect’ means a greater risk of a sharper pull back.

Hughes also states that further gains in oil prices are at the mercy of what the non-OPEC producers do.

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