We spend much of our time advising clients to focus on the long term, where the investment debate is less cluttered and, if history is an accurate guide, the returns to a diversified portfolio are a little more assured.
In spite of the announcement of a historic deal to bring Iran back into the international fold and widening cracks in the current Greek administration, the most recognisable fingerprints on capital markets this week were those of central bankers.
Over the weekend the Greek government announced its decision to hold a referendum on 5th July asking the Greek electorate to decide whether they support the latest proposals from Greece’s creditors or not.
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