As long as interest rates don't rise, that's good for utility stocks, which have a lot of debt. Their borrowing costs won't rise. This means analysts won't change their opinions and forecasts on them. |
The European economy is recovering. There's more potential for European stocks than U.K. stocks. |
These numbers put pressure on interest rates. There are worries about more increases. |
We're seeing consolidation today. As long as there aren't any new M&A deals announced, people are locking in profits. |