Tip of the Week: Will airline merger send stock into tailspin?

Charles Stanley's Louis Coke highlights some of his tried-and-tested picks - and one to avoid - in the hunt for good risk-adjusted returns.

What an interesting six weeks it has been. Since the FTSE hit its most recent high on 8 July, the large-cap market is down almost 12%. The fall in equities was quite sharp and severe, but do not be put off – for this recent correction could offer some opportunities. It is true there are a lot of issues on the global economic front that need to be resolved – politicians need to realise the usual tactic of ‘kicking the can down the road’ with quick fixes and temporary measures may not work this time. The market wants action, as can be seen by movements in the stock and bond markets. How...