"You and David might find this of use. Great to hear your success with the seminars in the Far East & Australia."

David Fuller's view This year and every year dating back to the first TCS in 1970, there could be no success without the enthusiastic participation of delegates, led by subscribers. I think it is great that The Chart Seminar is travelling once again, this time in Eoin's capable hands. However London will remain our main venue with workshops in May and November of each year.

Many thanks for the report on the defensive qualities of US global franchise stocks. The companies mentioned have been reviewed in Fullermoney on a number of occasions and are classified within one of our long-term secular themes - leading multinational companies leveraged to the global economy.