Politics, Oil and Interest Rates- Earnings: PEGI, PL, BTB, DIR, PPL
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Two well established trends, being technology advances, and lower not higher interest rates are both positives for continuing economic growth. They are also behind much of the global political turmoil as political institutions adjust.
Technology is the driving wheel that is steadily reducing inflation, while setting off trade wars from the increased competition. The petroleum and communications sectors are where the change forces are among the strongest.
Stock market values depend heavily on corporate earnings and the outlook for interest rates. With corporate earnings looking weak for Q2-2019, it is going to take help from central banks, including lower interest rates to prop up stock values.
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