How C19 Vaccines & Brexit Create Trade of the 2020s

In late 2020, a new kid emerged on the bargain-of-the-decade block. UK stocks, and notably UK value, reached very cheap levels relative to value stocks in other developed economies. Today, UK value remains at remarkably low valuations relative to most of its fundamentals. The added tailwinds from a final Brexit deal and rapid rates of UK COVID vaccination should lead to a vigorous bounce back in UK stocks in general and UK value stocks in particular, making this sector of the market a "trade of the decade." Read Full Article »