1.0TAML 4 - AThttps://www.taml.co.uk/4Gabrielle Boylehttps://www.taml.co.uk/4/blog/author/gabrielleboyle/rich600338<blockquote class="wp-embedded-content" data-secret="PUd09a3KJ1"><a href="https://www.taml.co.uk/4/blog/global-equity-strategy-newsletter-no-18/">Global Equity Strategy Newsletter No.18</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.taml.co.uk/4/blog/global-equity-strategy-newsletter-no-18/embed/#?secret=PUd09a3KJ1" width="600" height="338" title="“Global Equity Strategy Newsletter No.18” — TAML 4 - AT" data-secret="PUd09a3KJ1" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.taml.co.uk/4/wp-includes/js/wp-embed.min.js </script> We are surprised by the strength of markets so far this year and the magnitude of the gains, especially since the multiple interest rate cuts so widely expected at the start of the year have failed to materialise.https://www.taml.co.uk/4/wp-content/uploads/sites/9/2024/06/GRANOLAS-peformance-1024x877.png