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Market comment - September 2012

September 2012

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.

The larger cap stocks were hidebound during August, but that is unlikely to persist through September. As well as historically being the worst month of the year for investing there are specific risks this September. The election in the Netherlands will likely see another Merkel ally replaced. The decision of the German Constitutional Court on the latest rescue plans for the eurozone will likely be in favour, but the problem will be the, probably, barbed comments about the limitations placed on Merkel and the politicians short of a referendum and changed constitution.Hopes of yet more QE abound. While some believe investors are too bearish we believe this persistent "hope" that the Fed and other central banks will wave a meaningful ...

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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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