Friday, 22 June 2012

Mo the Monkey !!

As discussed earlier this week, Market Sentiment is like Mo the Monkey story.

Each day investors are grasping at stuff.
Last week it was Greece - That story was finally sorted out for now.

Now it is Spain & Italy - Are there going to be problems on that side.
Never ending and just one drama after another !!

Be waited for Benanke to give us Stimulus !!
He gave but the Market was not happy that he did not give enough !!

We will see what the next week brings !!
As I said earlier this year we in an Election year in the US and the Markets always rise in an election year !!

Till next week another instalment.

Steven








Steven Morris Chartered Accountant (SA)



3 Bickley Road
Sea Point
Cape Town
8005



Mobile :+27 83 943 1858
Facsimile : 0866 712 498
E-mail : steven@global.co.za

Website : http://www.stevenmorris.co.za/




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