Hermes: Investors too complacent about market fragility

Hermes Investment Management CIO Eoin Murray believes investors are underestimating markets’ fragility at a time when political uncertainty runs high.

Hermes: Investors too complacent about market fragility

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However, by the time the Fed and other central banks decide to start turning off the QE taps, the vulnerability of the market should become more apparent.    

“If I was beginning to look for a point of distinct vulnerability where the cracks might start to appear it would be toward the end of this year or the beginning of next,” he said.

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