Most people think we're in for a couple more rate hikes in the United States. We'd argue that that would make life more difficult for equity markets but so far they seem to be trickling along quite nicely.
More Quotes from Graham Secker:
The retail news was very mixed, there have been winners and losers. It would be right to remain fairly cautious.Graham Secker
The telecoms news was disappointing. We do not have any hopes for that sector in the near term, but when the market starts to slow down later in the year maybe they will be an interesting trade.
Graham Secker
We question whether companies will be able to pass their input increases on. Even if the oil price goes sideways, it will still hurt companies.
Graham Secker
If the market does have a correction, the worst-performing sector in that correction will have been the best-performing sector in the last couple of years.
Graham Secker
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