Even if the mini-budget were a work of economic genius, the market doesn't agree. So the government has to change tack. As Keynes is famously attributed to have said, "the market can remain irra… (View Post)
I've backed Teresa May for next PM at 100/1. If Truss cannot restore confidence with the markets very soon, surely she will have to be forced out of number 10? There is no other credible emergency re… (View Post)
I've been trying to get my head around the issue facing Pension Funds that required the BoE intervention yesterday. Is this kind of correct? Pension funds buy bonds or lend the government money. But … (View Post)