Markets

May 4: LEO GROHOWSKI on stock rally

Leo Grohowski, chief investment officer at BNY Mellon Wealth Management says many investors are still a bit paralysed by the market falls in the last year. But he says market psychology has improved since the short-lived rally in November. "I think psychology has improved but there's still an awful lot of cash on the sidelines and I think many investors are wondering if this rally that we've seen in equities is in fact for real."