For markets to go up 15% in next 12-18 months, what needs to change? Andrew Holland answers

“I do not think we can keep getting PE expansion at the expense of earnings growth. So, earnings growth is one of the key factors. The other key factor would be any kind of move towards peace in Russia and Ukraine because that will bring down oil prices very quickly and help the building programme in Ukraine which will be good for Europe and good for some Indian companies ”

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