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Market Comment - September '08

September 2008

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.

How dare he? The announcement by Chancellor Alistair Darling (“The UK is facing its worst economic crisis in 60 yearsâ€) prompted a torrent of editorials from the (largely Tory?) press that there is nothing much wrong with the UK economy. It's OK for the press to kick the UK economy as it heads south but the Chancellor should keep his thoughts to himself. Remarkable hypocrisy from the UK media.It might have been a cock-up on the part of Darling or it might have been advance special pleading ahead of a pre-Budget report that is likely to drive a coach and horses through his predecessors’ Golden Rule (that requires the Government to balance its books over the economic cycle). From an economic perspective, the Government will sur ...

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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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