l was looking at PNI today (and JHX BKW SEK IDX etc) but look the market went into an 'absolute spasm' when the rate rise was .5 not .25 - .4... that's .1 above forecast??
We have only just started raising rates, so there will be a lot more market spasms to go over the next year. think l will sit on the side lines for 6 months before l get PNI...
Ann: Funds Under Management - May 2022, page-79
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