Monks Selling Us, British Equities

Sunday HeraldJuly 14, 2004

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Summary


RICHARD Burns, manager of Monks Investment Trust, has been disposing of British, European and US equities and putting them on deposit.

He believes the United States' "hyper-expansive" fiscal and monetary policies will have to be changed after November's presidential elections.

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Extract


Monks Selling Us, British Equities

"US interest rates are going to rise and the economy grow more slowl...

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