Bears glued to Olympics, onwards & upwards for equities – Linear Investment

Tim Harrison, Head of Wealth Management at Linear Investments, wonders if the Bears are glued to Olympics as equity markets continue to chug along with no signs of exhaustion or August phobia. Harrison notes the US markets have stormed to record highs and the Footsie is trying to do a catch up job. He adds this week’s UK data will show if Brexit is starting to take hold. Harrison then proceeds to detail the fundamental outlook for Imerial Tobacco and Lookers PLC.