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Market Comment - June 2026

June 2026

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.

Let’s make two basic points up front. Firstly, you can’t tax your way to growth. Secondly, if, as a government, you spend more then you take in taxes, you are in hock to the bond markets because they lend you the money to fund your extravagance. If you don’t want to be in hock to the bond markets, cut spending. And if you want more income from taxes, find ways to grow the economy. That’s it. The next obvious question is what drives the economy? What is the motor? Because if you can get more out of the motor, you will naturally generate higher taxes, and then you can fund your political agenda. Small and medium sized businesses (SMEs) employ 60% of all those working in the private sector. This is the spine of the economy, wh ...

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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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