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Market Comment - April '19

April 2019

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.

Back in February we noted the about-turn by the Federal Reserve, as it put further interest rates on hold. We promised to come back to you on this in a few weeks, which have been very interesting.Central banks kept extraordinarily low “emergency” interest rates and quantitative easing (QE) in place long after the emergency was over - the emergency started 11 years ago and ended 10 years ago.Clearly very low interest rates and QE were great news for stock markets. Then the US Federal Reserve started raising interest rates back in 2015. Markets didn’t get into a panic then. The idea was that if they acted very slowly they could let air out of the market and debt bubble slowly - perhaps they thought no one woul ...

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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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