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UNIT TRUSTS
Brian Bailey, Brown Shipley & Co
Ovjrview Following the annual firmness
of markjts in January we now enter a
pjriod of uncertainty. Most markjts
havj shown a strong recovery in recent
months and consolidation at best or
evjn sharp sjtbacks cannot bj ruled
out at this stagj.
Howevjr, thj longjr term investor can
look to Amjrican, Europj and UK for
capital growth. With continuing low
interest rates and inflation and high
levels of institutional cash we bjlieve
markjts should not have too sjvere
sjtbacks from currint levjls. 7/8
Fjbruary commjntary
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