UK 18:48 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Greece is getting interesting again and in this podcast I explore who will be the big losers from Grexit and it won't be Greece. The fallout threatens many aspects of the Western financial markets but the bigger threat is interest rates which are going to rise sooner than you think. Warning: this podcast contains extreme bearishness
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Comments
Stipe123
Is the FTSE 100 really that expensive, even if earnings growth for this year is fairly pedestrian. You buy for earnings/dividends over the next 20 years, not 12 months. I believe the FTSE is on a PE of around 15 and a yield of 3.5% (very roughly), which seems reasonable. And although interest rates may rise, a gradual increase to 2.5-3% seems most likely. That may cause trouble for some, but hardly fire sales of property up and down the country.
Of course, no one really knows what will happen. In my view, most people should just invest what they can, when they can and completely ignore any commentary about the market (including what I said in my first paragraph!)
winsome147
Good Bearcast but interest rates in UK, US and Europe will NEVER rise much above 1.5% because these countries/regions are so heavily in debt. The govts know that consumers will not be able to handle it and that economic growth would be derailed. But we know interest rates need to rise in order to erode all the debt over time. But the economics of it are just too tight. The situation will be stagnant for a generation unless all that debt can miraculously disappear.