Are investors on the cusp of a momentum shift?
Markets have roiled and rallied this year as investors respond to shifting signals from an uncertain US policy environment.
A handful of dominant shares have driven much of the action – but signs of change are emerging.
Equity leadership is starting to broaden, investors are looking beyond the US, and lower interest rates are prompting a fresh search for yield.
The next phase of returns may look very different from the last.
