So much for a post BREXIT collapse. Things have never been better for the empire. They’re having Europe’s cake and eating it too.
Courtesy of QE, yields for GILTs are at record lows. Investors are citing an actual shortage in supply. Bond traders can’t get enough of the U.K.
Additionally, the FTSE 100 is at 14mo highs. All this being said, however, there’s very little media coverage about the prosperity that seems to be prevailing, post vote to exit the EU.
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THE MT EVEREST TOP
Tips for success: have gtc’s set. you may not be able to get in your acct easily or even access it. set a couple levels of gtc limits on majority of positions.
STFU
Welcome back UK and well done.
Here’s wishing the Brits a most excellent success in flipping off the EU!!!
May that attitude be plentiful here in the USofA come November 8.
On another note…….
If Hillary is elected, will that bring new meaning to the terms, “sucking off the government tit”?
When the global bond market collapses (and it will) , bonds will fall 50% in six months,
and the average yield for Treasuries, Gilts etc will go to double digits.