Yeah.....and aside from a detour or two the pain trade will continue for a while.
Who is the last hold out? The BOE intimated cuts may come even before inflation numbers show easing. Stevens came out and pretty much said cuts will come sooner rather than later and my beloved Stars & Strips is on hold for the near future.
Where will growth come from then? Wait! The EU is ever vigilant about inflation. I'll put my money there!
The Equity Pain Trade [View article]
Who is the last hold out? The BOE intimated cuts may come even before inflation numbers show easing. Stevens came out and pretty much said cuts will come sooner rather than later and my beloved Stars & Strips is on hold for the near future.
Where will growth come from then? Wait! The EU is ever vigilant about inflation. I'll put my money there!