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30 June 2014
The Storm Clouds Gather?

The problems around the world appear to be multiplying, the Middle East in increasing turmoil, the US going through a retracement, the EU on the edge of sliding backwards, China fairly flat, even German businesses losing confidence about the near term prospects, the price of oil climbing ever higher (good if you are an oil investor), compare this with markets at close to record highs, and the probabilities of some sort of market correction if not a slide, must be quite high. Taking profits if you have them would seem a prudent move now and wait to invest on better terms as the future becomes more clear.

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