yes it has been a basket case for years. l would have held it a decade ago and given up somewhere in the dim dark past.
I have been thinking that there is actually a danger interest rates will go higher than we expect. Milner was saying that underlying inflation for example just on pallets was astronomical.
l am note sure it's just Energy now.
if interest rates increase to an unappreciated level we are going to see a fall in all asset prices from houses, to shares and bonds.
the only sector that could be unaffected by this scenario is insurance??
I am not sure, l am sorely tempted to switch some positions for IAG... it's time to shine might be coming in 6 months??
IAG Price at posting:
$4.41 Sentiment: Buy Disclosure: Not Held
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