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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio - August '23

August 2023

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.

One of the rate setters at the Bank of England and a professor at the London School of Economics, and one of only two members to vote “hold” last month, notes that producer price inflation (PPI), that is the costs to companies providing goods and services, has fallen from an eye-watering peak of 19.6% in July 2022 to just 2.9% in May 2023 - its lowest for over 2 years. She says PPI has historically been the most reliable lead indicator of what inflation will do next. There is usually a lag of one or two quarters but it is clearly set to fall. Yet this positive view on prospects is being lost on the wider market so it is pleasing that the portfolio recorded some gainers. In particular DX rose after a fantastic deal to acquire the b ...

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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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