Morning,
I wonder what this week will bring....
Previous Bitcoin halving's resulted in up-swings, it's certainly looking like a .... Yep sure so far this time.
Our Government declares Twitter a playground for Crims and Cranks....Whatever a crank is.....
They are obviously delusional and authoritarian and only like democracy if it works for them.
Quite disgusting and disappointing really.
Dim Jim warns of fraught and fragile outlook ..... Well Jim, your the one in control, you can only blame yourself.
Try changing your policies to something sensible and stop spending so much of our money!
Just look at our debt service ratio Jim...
https://www.copyright link/companies/financial-services/the-overlooked-threats-to-the-global-financial-system-20240417-p5fkjh
Also in that A FR linked article above i came across three academics i totally agree with on their conclusion......worth a read imo
Theres no way i would want to be a bond holder thats for sure and i have said this before more than once.
" In the UBS Global Investment Returns Yearbook, academics Elroy Dimson, Paul Marsh and Mike Staunton show that bond market drawdowns – peak to trough falls – have historically been larger and/or longer than for equities. They bluntly conclude that bonds are not “safe” assets.
They also point out that while the negative correlations between stocks and bonds since the late 1990s have made the two assets a hedge for each other, this period was the exception, not the rule. It was essentially the product of freakishly loose monetary policy and very low inflation."
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