The COVID collapse in markets in March 2020 has not only fully recovered, the US market is now higher than it was pre-crash. This is an incredible rebound, however we remain cautious as valuations are now stretched (share prices may be expensive). Existing portfolios will look very healthy whilst we are taking a very measured approach to the allocation of cash and/or new money.
We continue to rebalance portfolios to ensure risk is managed and realising profit may be warranted in some portfolios.
Please do not hesitate to contact us should you have any queries.
