November/ Spring 2018
Welcome to our Spring Newsletter.
It’s been a tough start to the new financial year with global markets retreating. We all
received solid returns for the 2017/18 FY and the new year started well, however since
August it’s been a wild ride. There has been much discussion over what is driving the
markets at present, i.e, US interest rates, their midterm elections, trade wars, European
politics to name but a few but I suspect it’s a combination of all and/or some of these
issues. The one positive we are hanging on to is, since 1946 US shares have rallied in
the 12 months after all midterm elections. As always, if you have any concerns or queries
please give us a call to discuss.
For those that haven’t received their 2019 diaries yet we still have plenty at the office so
feel free to call in and pick one up or give us a call and we can send it out to you.
Our resident “Christmas Countdown Queen” (Fran) reminds us daily how many days to
Christmas (at the time of writing it’s 40 days) so if we don’t see you or speak with you
before hand, from myself and all the staff we wish you and your family a safe and happy
Rod and staff.