6.10.2020 Alpine Select Ltd.: Monthly Update September 2020
(WorldNews Switzerland)

Monthly Report - September 2020 Market commentary September started with fresh hights on first trading day thanks to unseen `stock split mania` in Apple and Tesla, taking the tech driven market to new hights. Since the second trading day, however, the correction started leaving Nasdaq (-5.2%) and the S&P 500 (-4%) for the month. We continue to believe that on the political front the upcoming US presidential election poses risks which are not reflected in the market valuations. The divergent forces within the country, the somewhat lagging economic recovery and a climate of deeper mistrust might well persist `no matter who wins`. Portfolio commentary The successful quarter for our...