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why is ftse going up with interest rates at 6yr highs, inflation not in check and a credit crunch in process?
3 Answers
- patrickLv 61 decade ago
Stock prices are affected by fact, and feeling. If the facts are that company profits are continuing to rise quarter over quarter (which they are) then that means a companies value is also going to rise. If people are positive about the future, and the overall economy is growing (which they are in UK) then the market will continue to go up.
- 1 decade ago
investers are not investing in usa so they look for other markets making our s over priced
