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Market Comment - June '16

June 2016

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.

We can’t avoid the Brexit referendum as it is dominating both the front pages and business pages.Anyone who tells you that they know what will happen in the UK in the months and years after the referendum is a liar or a fool, possibly both. The track record of people like the World Bank and IMF and various central banks forecasting either recessions or simple GDP is abysmal and this fact has been proven many times. You are guaranteed that the politicians know no better.The stupidity of comments by Cameron on the prospect of World War III were surpassed by Boris Johnson and this silly merry-go-round of blah blah has persisted almost daily. One point of history is very clear – Britain was dragged into two world wars ...

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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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