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Market Comment - December 2011

December 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

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  • Market C
“The biggest coordinated show of international financial force since Sept.11 2001†said the Wall Street Journal. Sounds as if the central banks have finally gotten their act together? Perhaps not. This was actually a quote from December 2007, after which the US stock market fell 53% up to March 2009. Similarly with another round of coordinated action in October 2008 and this time the stock market fell 34% to the 2009 low. Such central bank action at best buys time for others to come up with complete solutions to the underlying problem (too much debt and insolvent banks, both then and now). Global investment management firm Pimco’s Mohamed El-Erian thought you could look at that recent action in two ways. Either ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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