Monthly Market Commentary June 2020

“There is no sun without shadow, and it is essential to know the night” – Albert Camus     At any other time, a three percent bounce during May in the panEuropean (including the U.K.) equity markets and the driest fifth month of the year in large swathes of the country since 1929, would represent an ideal entry into the summer months. However – despite recent lockdown liberalisations – these are far from normal times.

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