A Time to Heal….
Over the past month or so, we have seen investor sentiment swing down and then up, with relatively large market moves in both directions as these markets continuously attempted to accurately price the risks to either side. While we acknowledge that some risks to the downside still do prevail, we maintain our positive medium-long term outlook on equities and reiterate our in-house view that in the current investment environment, longer term opportunities are consistently presenting themselves in specific names and areas of the market. The remaining 7 weeks of 2020 and beginning of 2021 in our opinion will be seen as a time to heal, not only in an economic and political sense but also in a sense of wellbeing and a positive outlook for the future.
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