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RE: Pound Drops to Lowest Since 1985 as Angst Builds Over Brexit...!!

in #money • 8 years ago

The UK is in challenging Financial times and most people are simply hypnotized by the FTSE hitting all time highs. This is a serious problem. It's a rally funded by DEBT, DERIVATIVES, STIMULUS, CORPORATE BOND PURCHASES..!! Dangerous times. Stephen

8 years ago in #money by
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     8 years ago (edited)

    Agreed, same here with the Dow..

    Oh, and man oh man the bonds, whoa... That's a problem looking for a war to blame....

    Thanks for your work Stephen. It is at least waking up a few folks :)

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     8 years ago 

    Likewise. Keep up the good work. Always great to read your blog. Stephen

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       8 years ago 

      What are you building?

      "The UK construction PMI jumped to 52.3 from 49.2. The Bloomberg median anticipated further weakness."

      http://seekingalpha.com/article/4009933-sterlings-slide-continues-greenback-broadly-bid

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       8 years ago 

      No idea..!! Nothing..!! The only thing the UK is building is a roller coaster for the FTSE..!!

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