Discover and read the best of Twitter Threads about #PoundSterling

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The #ERM Crisis still haunts the BOE, which back then was controlled by the HM Treasury and Chancellor of the exchequer.
George Soros's Quantum Fund has now been replaced by countless Quantamenal FX Algo and HFT Funds and Specialized Investment Vehicles, backed up by Ai/ML.
Once the currency and money market decline precipitates, conjointly, then open market mechanisms turn financial markets into a Darwinian jungle dominated by herd instincts and other complex emerging risks which pave the way forward for a Systemic Risk Meltdown.
#PoundSterling
No wonder the UK Sovereign Bond Market is so jittery!!
They know higher inflation expectations will make rates go up even more.
Tax cuts are not helpful in that sense.
Also, C/A Deficit number is not helpful with a tax cut incentive, which will nullify the trade competitiveness
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