Investment Commentary – September 2013

September 17, 2013

Fears over the potential tapering of Quantitative Easing in the US took hold in August as developed markets saw pre-emptive selling, prompting the question of whether we will see the investment mantra of ‘sell the rumor, buy the fact’ in September as the Federal Reserve likely confirms its intentions. For the month the S&P500 fell back from record highs, sinking -3.13%. The FTSE 100 turned -2.45% lower and Europe fared best with the DAX and CAC losing -2.09% and -1.48% respectively.

Investment Commentary Sept 13

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