Beware of Bears As Rates Pressure Grows ; Investment Extra

Daily Mail (January 27, 2007)

Author: Brian O'Connor

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Summary


THE winter chill was not the only thing sending a shiver through markets this week.

Cheap money makes the world go round, so what happens when it stops being cheap?

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Extract


Beware of Bears As Rates Pressure Grows ; Investment Extra

That is the spectre raised by the Bank of England hiking base rates to 5.25 per cent, and the 4.4pc annual rise in UK retail prices that explained its move.

After an initial fall, share...

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