By Chris Bailey of Financial Orbit | Sunday 1 November 2020
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
So hello to a new lockdown in England from Thursday. I know technically it is a ‘lockdown lite’ but you can guess the likely impact on the more cyclical and lockdown impacted sectors come tomorrow’s markets. But that is the markets for you. We all know the voting machine investor is everything in the shorter-term…so I look forward to battling with opportunities and threats and considering whether to get greedier as others get more fearful. To be honest, I cannot see gold being displaced as my largest sector allocation.
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