MISTY

Government bonds are selling off everywhere....also, the bank of England is starting to unwind its enormous balance sheet, the one that Sunak racked up spending GBP400bn paying people to do nothing. (View Post)

Also the rhetoric from the Fed I think. I still think, in the long run, this is a bigger problem for the euro than sterling, because the ECB is more limited in what it can do, but we'll see. The yen,… (View Post)

Also there is demonstrable evidence that Sunak's policies are failing. His tax increases are fetching nowhere near what was expected of them, whilst the economy tanks and inflation soars. The Laffer … (View Post)

Most major currencies are plunging against the US dollar, as you well know. (View Post)

There's no risk Under Sunak, the tories were manifestly going out of business. This way, the tories have a chance to survive. Under Sunak, they would have been destroyed. (View Post)