As this will be our last Market Update for 2019, it is a great time to reflect on the year that has been. Despite us being bombarded with doom and gloom from our friends in the press regarding tariff wars, Brexit and looming recessions, the markets seem to have climbed a “wall of worry” and have performed exceptionally well over the past 12 months. This reinforces the need to invest into quality companies, ignore the ever-abundant noise and to take a long term view. We trust you enjoy this update.
In the meantime we wish you all the best for Christmas and hope that 2020 is a year of good health, happiness and prosperity.