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Scrip's stock tracker - May 2009

This article was originally published in Scrip

Executive Summary

The Scrip commentary on capital market sentiment, the Stock Tracker, was able to describe April in favourable terms, with references to green shoots and signs of optimism. The fragility of the recovery – if a recovery is indeed what it is – was emphasised in May, despite the main stock market indices still managing to put in a positive performance. The markets were highly volatile in the month, with defensive stocks in and out of favour, and commentators wondering whether the green shoots were real or imaginary. Independent healthcare consultant Emma Palmer Foster of EJ Palmer Consulting digs among the markets to find the story.


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