I think the [new economy sector] has still got further to go down - there are concerns about interest rates and the high cost of the next-generation mobile phone licenses. We're still backing defensives and financials.
Sharon Coombs
They won't now be accused of bowing down to political pressure if they do decide to lower rates.
pressure political
The most important factor at the moment is Wall Street. All eyes are now on the Nasdaq.
moment eyes wall important
Telecoms may have a bit lower to go. Any negative news is likely to come out over the next few months.
negative news
phone economy interest mobile
The market has largely discounted a Bush victory.
victory market bush
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