The patterns of progress

In the last few weeks, despite the continuing pandemic, global stock markets have staged a strong comeback.

So why are stocks climbing when news about the economy isn’t getting much better, and the severity of the public health crisis has barely abated? Julian Broom, Chief Investment Officer, takes a look.

Despite ongoing concern about the path of the pandemic, markets are starting to show signs of recovery. The Euro Stoxx 600 index has risen by more than a quarter since the low in March, and the FTSE 100 has shown early signs of responding well following the easing of restrictions in the UK.


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