Market views: Recovery or sucker’s rally?

The recent edition of The Week quotes various wise investors on the state of the market – and whether now is a buying time:

Edward Bonham Carter, Jupiter Asset Management: ‘This year is likely to remain schizophrenic. You will have periods of people thinking they can see the bottom… and then periods where people believe the economy will remain in difficulty for some time.’

Paul Kavanagh, Killick & Co: ‘The market was due a rally. I wouldn’t call it a sucker’s rally, but niether would I call the bottom… We’re looking at another year of working through this.’

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