Are We at the Start of a Cyclical Bull Market?

Friday, 16 Mar 2012 | 1:45 AM ET

Klaudius Sobczyk, founder and managing director of Advanced Dynamic Asset Management, told CNBC, " we definitely have seen some shift out of bonds into equities and it is obvious when people see a rise of 21 percent on the Dax and similar magnitudes in the US, they get shaky and try to find a way to capture this market."