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House of Cards
From marketsentiment.substack.com
It’s fascinating how a number going up by 0.75 in the United States can play havoc with the finances of people across the globe. Pensioners in the UK faced the unimaginable on Thursday. They saw their life savings nearly disappear when the bond market went into pandemonium, after an eccentric and sudden policy change by the government. 90% of UK pension funds would have been wiped out.1 How did the UK witness what some have called a “Lehman moment” - with one of the safest investments you can think of? While “The Big Short” was heavily dramatized, it got one thing right: Catastrophes aren’t caused by ... (full story)
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From @PriapusIQ|Oct 3, 2022|7 commentstweet at 6:53am:
UK PM TRUSS'S SPOKESMAN SAYS FINANCE MINISTER KWARTENG AND TRUSS CAME TO DECISION ON SUNDAY ON REVERSING DECISION TO SCRAP 45P TAX RATE - Reuters via https://t.co/ymHY6x3NYD tweet at 6:53am: UK PM TRUSS'S SPOKESMAN SAYS CONFIDENT THE REST OF THE MEASURES IN THE MINI BUDGET WILL PASS THROUGH PARLIAMENT - Reuters via https://t.co/ymHY6x3NYD tweet at 6:53am: UK PM TRUSS'S SPOKESMAN SAYS FINANCE MINISTER'S MEDIUM-TERM FISCAL STATEMENT STILL PLANNED FOR NOV. 23 - Reuters via https://t.co/ymHY6x3NYD tweet at 6:56am: UK'S PM TRUSS' SPOKESMAN: UK'S PM TRUSS STILL PLANS TO REMOVE CAP ON BANKERS' BONUSES. -
From @LiveSquawk|Oct 3, 2022tweet at 6:48am: OPEC+ Discusses Potential Oil Output Cut In Excess Of 1 Mln Bpd, Excluding Any Voluntary Cut, Says OPEC Source - RTRS #OOTT
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From xm.com|Oct 3, 2022USDJPY is struggling to gain the strong positive momentum after its fast rebound from the 140.30 support level. However, the market is holding above the 20- and 50-period simple ...
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From cnbc.com|Oct 3, 2022|2 commentsThe U.K. government on Monday reversed a plan to scrap the top rate of income tax, after a public backlash and major market turbulence. The new government had announced a swathe ...
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From zawya.com|Oct 3, 2022|1 commentGreece's economy is projected to grow at a slower pace next year after a strong rebound this year thanks to tourism, as soaring energy costs and higher inflation are expected to ...
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From cmegroup.com|Oct 3, 2022The greenback has rallied sharply against most of the world's currency, adding to economic challenges already caused by rising consumer prices.
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- Posted: Oct 3, 2022 7:04am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 926
