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01 May 2017

World Indices race ever higher on what does not appear to be that much evidence to support this level of optimism. In the US President Trump has just completed his first 100 days in office with his opinion rating at record lows, the French/Italian/German elections are just around the corner and the tensions in the Middle East and Asia continue.

Overall the odds must be in some sort of a correction in world stock markets so until that time (always excepting special situations) perhaps best to remain in cash.

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