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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - August '24

August 2024

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.

In decades gone by the prospect of a Labour Government would have sent markets into a shudder but this time three factors are keeping markets calm. First, new Chancellor Rachel Reeves is expected to draw on her experiences in private banking and as a Bank of England economist to rein in her party’s instincts to massively raise spending, although they haven’t ruled out rises to capital taxes. Secondly, given that UK shares typically follow the US, it’s encouraging to see the Fed Chairman’s comments that “the US is back on a disinflationary path …. and they are wary of keeping monetary policy too tight for too long and losing expansion in the economy,” which suggests a rate cut there is closer than expected. Third, the UK is now see ...

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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