Who is responsible for the drop in th pound and the rise in the bond rates.
1.Rachel from accounts
2.The 2nd comming of Trump
I suppose the question is do world events have a bigger impact on our economy or does the vote of the aversge man on the street have more impact or are we just in a near perfect storm and both are negatively impacting the uk economy?
The pound was up against most currencies for months.
It appears we may now have a debt crisis so the pound is being sold. Pound goes down. import cost will rise, inflation will rise borrowing costs will stay high the pound will rise again… possibly.
Present upside for me is the value of shares MELI and DEC are benefiting.
Gas prices should rise in the UK that should have a positive effect on the profits of renewable infrastructure trusts… I’m rich!!?