Now the US election has passed, i can't help thinking market focus will return to two main areas over the coming weeks, the ongoing eurozone problems and the impending US fiscal cliff.
My personal views are that europe will continue exactly how it has over the past few years, muddling through with no significant change in policy or approach. For the US, my prediction is a similar scenario to the last debt ceiling debate, ie brinkmanship with a last minute deal to kick the can down the line for another few years.
In my view, both are likely to result in negative sentiment in the markets over the coming weeks. Whilst i'm looking to start increasing my rate of investment i'll be cautious for now, paying close attention to the markets and looking for dips and buying opportunities.