Market Commentary July 2016

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.

Despite all the confident predictions of investment banks, political commentators and the bookmakers, the British electorate did the unthinkable and voted to leave the European Union. Having enjoyed a time of relative stability, with only modest uncertainty about the outlook, we have now entered a period defined by exactly the opposite. What is just as surprising as the result is the fact that the FTSE 100 has risen 7.8% over the last month.