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Market Comment - June 2013

June 2013

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 highlighted the “shock and awe” developments in Japan.  Then the Japanese stock market fell 7% in one day.  That shouldn't be a surprise with “the smart money”, the early investors, enjoying gains in excess of 50% in a few short months. More importantly, in the next month or so we should all look out for news on the “Third Arrow” of Abenomics - their market is in no mood to be disappointed.  Since March the rise in global markets has been driven by expectations of a wall of money out of Japan.  In the previous years it was the US central bank that had printed a wall of money propelling markets (equities and bonds) higher. The continuing commitment of the Federal Reserve ...

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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.

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