Is it all in the price?

We speak to Luca Paolini, Pictet Asset Management’s Chief Strategist on his latest market views. We ask to what extent is positive news already priced in as equity markets have delivered handsome returns year-to-date. We ask how big a problem inflation is for corporate margins and how much of a threat is it to asset prices? Most importantly when will the Fed start to taper their extraordinary stimulus? What areas of the equity and bond markets look vulnerable or attractive? We also discuss how investors should play the green investing theme. Finally, we ask Luca his favourite Italian city for summer holidays as overseas travelling is set to resume.