Economic outlook should bring market rally to halt

Professional Adviser
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Over recent weeks, the UK stock market has bounced from September's lows but concern is rising over ...

Over recent weeks, the UK stock market has bounced from September's lows but concern is rising over whether the rally can continue against the weak economic backdrop. Kevin Doran, a UK fund manager with Solus Investment Funds, believes the market has seen too much growth, too quickly, for it to be able to continue. 'Since 25 September, the All-Share is up 15.5% while the world indices are up 16%,' he says. 'This kind of growth is unsustainable and I think we will see people trying to lock in some of the short-term gains they've made recently. 'If anything, the underlying ec...

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