Weekly Investment Overview – 19th October 2020

Welcome to our weekly investment overview, we provide these to all our investment clients and we thought it would make for interesting reading for visitors to our website as well.

Please Click Link Below.

Private Office Asset Management Weekly Report – 19th October 2020 “There remains a huge amount liquidity in the global monetary system with governments and central banks continuing to support their economies. Although virus cases are surging in a supposed “second wave” investors are still believing vaccines to ease the effects of the virus are on the way. A Biden victory and resultant large fiscal and infrastructure package is being “baked” into prices and helping support the days when the general sentiment is poor as we saw on Thursday. Investors remain reluctant to sell in this environment and there are plenty of “wounded bears” who are looking for dips to buy. We are almost through the two traditionally worst and volatile performing months of the year for equities. The next hurdle is the US election which is another speed bump in the overall economic recovery from the virus induced recession.”

Share this post

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email