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04 May 2016

The global economies seem to be going through a prolonged period of uncertainty not helped by the problems in the oil industry and some major political events in the coming months. The rise of the indices around the world may have stalled for now as people wait to see what happens next - some commentators are even forecasting another global Banking crash which may or may not happen - this kind of uncertainty is difficult to invest in given that nobody knows which direction we are heading in. Even quality companies that are perceived to be "cheap" are vulnerable in these times.

Probably best to stand aside for now and wait.

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