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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TMI Trader Portfolio 2 - September '24

September 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.

A pleasant month for TP2, which leapt 3.9% as shares reverted to risk-on in light of a rate cut and expectations of a second cut in November. Expectations are also that the US Federal Reserve will do the same in September.   Even news that Labour will award a pay rise three times the rate of inflation to millions of public sector workers, potentially fuelling a wage price spiral across the country’s workforce and reducing the magnitude of future rate cuts, could have positive implications for investors. As US election commentators might say, the “narrow path to victory” would be if that estimated £8-£10bn in said workers’ pockets acted as an economic stimulus, not dissimilar to the furlough payments that poured rocket fuel onto sp ...

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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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