Friday Briefing: Yet further evidence timing the market is hard

November has been quite a month for the ‘what were you worried about?' crowd, which has converted the majority of Bank of America global fund manager survey respondents to their cause. Inflation has fallen to just 3.2% in the States and on home soil, the UK managed a 2.1 percentage point fall, bringing CPI to just 4.6%, while the widely covered trio of the Fed, BoE and ECB all left rates unchanged. Friday Briefing: The investment trust sector is having its watershed moment Just a quarter of those surveyed believe high inflation keeping central banks hawkish is the main tail risk fo...