The other factor that will delay indices returning to the norm will be the bond market. Its unlikely we have seen the last of the mitigating effects of the interest rate rises meaning bond rates will continue to increase. We aren't out of the woods yet. The bond market dwarfs the stock market and we really need the big money to return if we are to have a chance. Either way we have a great company here which will eventually sit on the multi bag shelf in my trophy room.
Ann: GE Media Release, page-34
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