roydo
in memoriam - 1965-2024
Anyone betting on a recession is betting the wrong way given what I've seen the BoE and Osborne do the last few days.
Capital flight should slow down when there is more political certainty which should follow fairly quickly now with Theresa May. Things won't be rushed.
Thats what these investors are worried about.
These blokes do not bet. They are not day traders. They are not even year traders!
Someone, it seems, has serious issues re the future viability of upward moving rental yields. Almost certainly a massive pension fund.