IMO when all of this settles eventually down the next thing on the volatility menu is the upcoming US elections. Question is how long the media has nothing better to do than preach death and panic into the public before something else takes there fancy.
If Bernie Sanders gets the nomination things will be very very interesting. I cant see anyway a socialist would be sitting in the White House but then again nobody thought that Trump would be either. I also see the Democrats positioning themselves to get him out of the race.
Interest rate cuts not great for banks although we really don't have any room to move here so i cant see ours changing at all.
