Loading ...Today was the first budget of the UK’s new government…it is going over like a lead Zeppelin…….What could be good trades are selling sterling against anything in the Currencies and shorting UK Gilts…the mkts/dealers always like to have a mkt to kick….especially when there are lots of alternatives, to spread against….
The UK mkts may well become that mkt to kick as this new government, is epically dumb……the new Chancellor has never worked in a real job/business…she did a spell as a junior and then worked for 2 yrs in the complaints dept of a bank….
and here is Zero’s take on it…….