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Market Insight - November 2020

Waiting has been pointless, and the feeling of déjà-vu cannot be ignored.

François Savary, Chief Investment Officer
Prime Partners SA,  November 2020

Waiting has been pointless, and the feeling of déjà-vu cannot be ignored.

A writer faces many constraints when drafting a monthly newsletter. Political events are just one consideration, especially when the event in question occurs early on in the period.

The US election led us to delay the production of this missive, in the hope that we would have a clearer view the morning after. Unfortunately, such is not the case at the time of writing.

Over the coming few days we will see how the US political landscape is shaping up for the next four years, and whether the process for naming the victor ends up in the Supreme Court. Without wishing to play this down, especially in the short term, the absence of a clear result merely adds to the uncertainty surrounding the general situation in which we have found ourselves these past few months.

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Prime Partners SA

Independent Wealth Manager and Multi-Family Office