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12-24-2014, 12:10 PM
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Sage
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Join Date: Dec 2009
Posts: 7,506
Thanks: 192
Thanked 1,484 Times in 717 Posts
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Quote:
Originally Posted by Villages PL
I agree that, basically, it's earnings that drives the market. But I would just like to add that low interest rates, among other restructuring measures, helps to increase earnings. Many companies have restructured their debt and are now paying a lot less interest.
Of course some will complain that interest rates are "artificially low", but there's nothing artificial about better earnings.
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That makes a lot of sense. Thanks.
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