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Investment Report

Energy drink urgently required

Equities markets did not succeed in making a custom-made start to the New Year. A cocktail of worries caused headaches and dragged prices down. The cocktail’s ingredients ranged from fears of a collapse in Chinas economic growth via Renminbi devaluation, to fears of rapid interest rate hikes in the USA, and a sobering realisation that neither attractive commodity prices, nor ultra-low interest rates had succeeded in giving wings to the global economy.