144. Why confusion over conviction will lead to bouts of volatility

Church House Tenax Absolute Return Strategies co-manager James Mahon tells us why low bond prices have caused more confusion than conviction in the market at the moment – and why he thinks it will result in numerous bouts of volatility. He also tells us why the global economy was not prepared for the bottleneck in demand for production and staff availability, resulting in higher than expected inflation figures. James also talks us through the use of floating rate notes as a way of protecting his fund and why the UK is set for a protracted recovery.