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Market Comment - July '15

July 2015

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.

Last time we observed that UK smaller companies had behaved rather well in the previous months, despite concerns this time last year. That positive trend has continued over the last month. Although the FTSE Small Cap (ex IT) index is down 2%, the FTSE-100 and European smaller companies are down twice as much.This is being written just ahead of the Greek referendum – much could change over the next month, particularly if there is a “No” vote. Whatever the result, belief in the eurozone and the credibility of its leadership, has been undermined.  The eurozone must reform if it is to go forward, or retreat to a simple pure free trade union, the EU.  By standing still it leaves itself at the mercy of v ...

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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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