Adopt the defensive crouch for global equity

Global bond and equity markets are performing in markedly different manners. What does this great dichotomy mean for investors?

Traders at work on the floor of the DAX stock exchange in Frankfurt, Germany Picture: Bloomberg

Since the beginning of the year, global equity markets have been on a tear, despite the dramatic increase in trade war tensions between the US and China.

In Ireland, the Iseq is up by around 16 per cent. In the US, the S&P Index hit new highs during April and is now up around 17 per cent since January. Even in the beleaguered eurozone, the German DAX Index is up around 16 per ...