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Now The Carnival Is Over
Why the tide has turned in Brazil`s favour
Quote by: Dean Newman (Head of Emerging Markets at Invesco Perpetual)
Quote made on: 29/08/2012
Quote Submitted by: James Reynolds
Source: FE Trustnet
Editor's Notes
Just over a year ago, Dean Newman did a convincing piece for FE Trustnet in which he explained how the Brazilian government`s hefty stimulus package, announced on 15 August 2012, would create a boost to economic growth and make the country a more investable proposition.
Well, anyone taking this as a cue for investment would have been better off blowing their money on a jaunt to Rio.
Over the last year, Brazil has turned out to be one of the worst global stock market performers, the market price return of iShares MSCI Brazil Capped ETF having fallen by 12.86% during the most recent twelve month period.
One hopes that Brazil`s left of centre government turns things round before the Barmy Army descends on it to watch the World Cup next year (though we`re not necessarily forecasting that the England team will be there as well).
(1 votes, average: 8.00 out of 10)
Loading ...Published on: October 3, 2013
Close, But No Cigar.
A Christmas Rally Will Push The FTSE 100 Above The 6,000 Mark
Quote by: Star Manager, Giles Hargreave (Manager of Marlborough Uk Micro Cap Growth Fund)
Quote made on: 23/11/2012
Quote Submitted by: Chris Sargeant
Source: Jenna Voigt (FE Trustnet)
Editor's Notes
Mr Hargreave`s comments came after a good stock market rally had taken the FTSE 100 to 5795.73 towards the end of November.
Despite his enthusiasm, the index ran out of a bit of steam and limped over the line at only 5897.81.
(1 votes, average: 1.00 out of 10)
Loading ...Published on: March 22, 2013
Leger Up The Garden Path?
There are lots of macro-economic and technical market reasons why you should sell. The “St. Leger” method worked superbly over the last two years and we expect the same again.
Quote by: Brian Dennehy (Managing Director of Dennehy Weller)
Quote made on: 30/04/2012
Quote Submitted by: Michael Hack
Source: Trustnet
Editor's Notes
Back at the end of April this year, Brian Dennehy , the managing director of Dennehy Weller, a leading IFA which has the ear of many a quality newspaper, held court with his market views.
According to this organisation, there was an element of déjà-vu about market conditions at that time, supporting the compelling technical reasons to ditch your equity holdings and head for the hills.
For those of us who are not au fait with the St Leger method (steady now), this involves selling out of risk exposure on 1 May and buying it back on the second Saturday of September – apparently this according to Trustnet, “…could work even more effectively in 2012 than it did over the last two years”. You see, markets fall much harder in the summer if there are setbacks, since stocks tend to be on higher price-to–earnings ratios following a strong run in the first quarter.
This sound brilliant – where do I sign?
For those who are interested, the FTSE 100 stood at 5777.11 at the end of April and, by the second Saturday of September had plummeted to an increase of 1.45%, while the IMA UK Equity Income sector made a gain of 4.33%.
Aye well – let`s hope that Dennehy Weller clients didn`t miss out on too may dividend payments when they were out of the market.
Comment/Submission By Mike Harriss, Wed. 17 October 2012
| Quote by: | Brian Dennehy |
| Source: | Daily Telegraph |
| Quote made on: | MARCH 1ST 2012 |
| The Quote: | Brian Dennehy of independent financial advisers (IFAs) Dennehy Weller commented: Yet again the ˜safe haven” myth of gold has exploded. It went down during intraday trading by about $100. This doesn`t mean the bull market has ended. It just means that when you buy gold you must do so with your eyes open; it is a highly volatile fringe asset. Our technical analysis suggests one of two possibilities. That the bull run is over and the price will eventually work its way down into the $700 to $1,000 range or one final high lies just ahead before that large correction towards $1,000 will begin.” |
| Submitted By: | Mike Harriss |
| Email: |
(4 votes, average: 5.75 out of 10)
Loading ...Published on: September 12, 2012
