Reflecting on the past month, Jeremy Richardson explores; Clarity following the results of the US election has been positive for global equity markets, but it’s the good news you don’t see in the papers that’s going to feed into investment opportunities. Consumers making their own choices about good value is driving a mixture of company results, representing opportunities for stock pickers. Tension between results and valuations, is leading to a much richer environment for alpha, irrespective of what happens with market beta.