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2018 Summer Newsletter

 

 

Summer 2018 Newsletter

Latest News

Market Update - June 2018

The love affair with technology stocks continued unabated in May, and any potential fallout from bad news flow, such as Facebook privacy issues, were pushed firmly into the background. Amazon is up a staggering 26% year-to-date but that is dwarfed by Netflix, which is up a truly eye-watering 50%. It needs noting however, it’s not all tech stocks that are continuing to break records to the upside, Tesla is down over 10%. This stock has some similarities to Apple, if only in its almost cult-like following and adoration of CEO Elon Musk, but unlike Apple, it has been dogged with high profile issues surrounding its driverless cars and relentless misses on its production targets. Putting a car in space might be great PR but at the end of the day it doesn’t pay the bills and there are an increasing number of commentators and investors who are predicting the firm’s demise. 

June 2018 Market Update

 

 

 

 

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