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Blog

July 8th, 2011
23 June 2011

Worries about Greece, a slowdown in the US and uncertainty about China have seen shares fall sharply since April highs. After a bounce to relieve oversold conditions, helped by improving news regarding Greece, further weakness in the next few months is still possible as worries persist about the global economic outlook.

However, we remain of the view the global economic recovery will continue, as some of the temporary factors that have been weighing on growth fade. With shares now very cheap again and monetary conditions likely to remain easy, shares are likely to recover into year end.

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Just want to thank you all for the birthday card. It was really appreciated....

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