Seeking Alpha

"Our biggest trading partner is tearing itself apart without any obvious solution," says BoE...

"Our biggest trading partner is tearing itself apart without any obvious solution," says BoE Governor King at a press conference. He's confident the U.K. economy can get back to its pre-crisis path, but it may take 10-20 years. As for recent strength in sterling: "A weaker pound is a vital part of the U.K.'s rebalancing." Sounds like additional QE remains on the table in the U.K.
From other sites
Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    He told the truth...10-20 years...for once a banker tells the truth
    16 May 2012, 07:32 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs