Rathbones' Jackson: Cyclical rally unlikely to last

Selling 'lockdown losers'

Any ‘V’-shaped recovery in cyclical stocks is unlikely to last, as there is a lot for markets and investors to “worry about and digest”, according to Rathbone Investment Management’s Alexandra Jackson.

The manager of the £40m Rathbone UK Opportunities fund said "staggering" stimulus measures from central banks and governments had buoyed markets after their Covid-19 falls into bear market territory, despite...