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SuperPowers Aren't Helping Share Prices, but the Pessimism Will Wear Off...Eventually.

By Malcolm Stacey | Saturday 2 July 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello Share Scratchers. The Footsie’s not upwardly mobile these days. Let’s see why. Well, there’s a strong presence of that great enemy of share price progress: uncertainty. And most of that wobble is caused by the super powers. Russia’s behaviour is unacceptable and world will never forgive her. Yet Putin continues to want back the whole of the Soviet Block.

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