Please find this month’s Market Commentary newsletter which contains our view on the stock market based upon fundamental and technical analysis along with some recommended investments for the current market.
The month of June saw the FTSE 100 fall 463 points, or 6.6%. Last month we noted that the FTSE was 240 points above its 200 day moving average and liable to a retracement but the Greek crisis surprised everyone. However, we believe a Greek exit would not pose a systemic crisis to Europe. The financial impact is material, but when spread across a region with north of 400m people, it can easily be contained and in this month’s commentary we provide a recommendation on how UK investors can profit from what, we believe, will be a subsequent rebound.