Articles

As the UK enters its third full calendar month of lockdown, many could be forgiven for thinking that things really aren’t too bad. Government income support schemes combined with forbearance on certain loan payments have, for many, cushioned the blow of not being able to work; stock markets have rallied strongly from their lows, with some indices and many individual stocks hitting new all-time highs; and (at least for those of us living in the South East) the weather has even complied to lift animal spirits with an almost endless stream of blue skies. And yet the numbers of coronavirus-related infections and fatalities keep rising; the economic news remains dreadful; several big High Street names might not be there when we do actually return to the High Street; and geopolitical tensions, put aside for a while, are back in the headlines.

In this commentary John Wyn-Evans, Investec Wealth & Investment’s Head of Investment Strategy, assesses how investors have been balancing positive and negative factors, and what paths markets could realistically take next. Read full article here.