Market Commentary May 2016

Category: Market Commentary

03-05-2016

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.

The FTSE 100 climbed 95 points in April, in keeping with its historic pattern of being the 2nd best performing month of the year. We have now entered the traditionally weaker half of the year and short term indicators have turned more benign. Earnings are down 6% year-on-year in the all-important US stock market yet investors seem uncommonly sanguine, bidding stocks higher without the support of rising earnings or encouraging domestic data. Despite this, we believe it is too early to call the end to this cycle and recommend that investors remain fully invested.

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