Markets are forward looking10 Jul 2023 09:15
So, i reckon 7% interests are more or less factored in - whick i think are an extreme case scenario, and they won't stay there long, even if we get there. Jobs data in US , were encouraging for inflation.
As soon as interest rates are predicted to fall in 9 months time, surely stocks will begin to factor this in, and we should see a rise way in advance of the fact. I think results here should be good, as why would directors buy in, last buy at 115p.
I think the turning point is not far away.