Old economy stocks demonstrate value

How far will interest rates rise? Is the market vulnerable to a fall in Wall Street? Will the narrow group of technology shares continue to rise? Is there any prospect of making money in the 'old economy' stocks? These are some of the typical questions that concern investors. Respectively, the answers are: less than the market expects, yes, maybe and yes. While interest rates are expected to rise in the short term, in both the US and UK, prospects for a continuation of low inflation still look promising. The twin influences of intense global competition and the productivity enhancements of...