Is April’s rally sustainable?
In this investment update, Lothar Mentel, Lead Investment Adviser to Cambridge Investments discusses whether April’s surprisingly big rally is sustainable. May’s start has seen some wobbles and confidence is fragile. The bad news; the economy is still in hospital. The good news; so far, policies have been reasonably successful in putting businesses to sleep rather than killing them, news on treatments is mildly positive and a slow “opening-up” is underway. For investors, patience will probably be rewarded.
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