Note Precis October 29, 2017: Amid the reporting of corporate results and earnings, from politics to change in the global tilt of quantitative ease, numerous events beckon with impact on risk in hitherto complacent markets. Currencies remain worthy of watch as harbingers of volatility. Despite the repute of a U.S. dollar upswing as being negative for precious metals and gold bullion in particular, in present circumstances, we espouse diversification by including them in investment portfolios. The need to focus on quality of execution and on quality of financial structure seems to us to be crucial across capital market asset classes due to reasons of changing credit conditions, the present position of the corporate earnings cycle and not least, the fragility of global political understandings today.
