BlackBear Update – 10/06/2020

Blackbear Financial Group > News > News > BlackBear Update – 10/06/2020

Andy, Chris and Karen are all continuing to support clients and are in the office every day. Hopefully, the rest of our team will be back here at their desks at Bridgewater House soon.  If you need us please do not hesitate in contacting us by phone or email, we will be able to see you at our office from 15th June, in a socially-distanced manner if you wish to have a face to face meeting.  Your safety and welfare are paramount to us and welcoming you to our office is subject to any further government regulations and guidelines, we continue to monitor the situation.

You may have received valuations over the last couple of months from the company that your Investment or Pension is held with.  Fortunately, the market has improved greatly recently and you should find that the next valuation you receive shows this.  Thank you for remaining patient, you will have benefitted from keeping calm and not panicking when the markets dropped.

Regarding the markets, the FTSE100 is positive over 24-hour, 5 day and 1-month periods. The same is true of the All-Share, and North America’s NASDAQ and Dow Jones indexes. Notably, a representative from an investment company has informed me that their fund managers are “like kids in a sweet shop” looking for undervalued companies to buy for their funds. Broadly speaking, the future trajectory of the markets continues to look positive, but there are of course no guarantees of anything. The best advice continues to be to remain patient and calm.