In our June quarterly report we took a look at some of the major events of the last 12 months and consider why the market is expensive, yet for most investors, it doesn’t matter.
Market Movements and Drivers
The 2020 Financial Year certainly threw up some challenges. To think the biggest global issues investors were contemplating only 12 months ago included the UKs dealing of Brexit and the transition of the Prime Ministership from Theresa May to Boris Johnson! Six months ago, the world was enthralled and slightly wary as the USA and North Korea continued to negotiate as North Korea tested its missile capabilities. Petty disagreements and general political unrest seemed to dominate the headlines. Uncertainty seemed to abound, but as w…
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