The UK is planning to spend £150 billion for energy subsidies.
They are also planning massive tax cuts to stimulate the economy.
Combined, this leads to massive increases in the UK deficits and the Bank of England must go Brrr …https://t.co/iTqfusfYH6
— Wall Street Silver (@WallStreetSilv) September 20, 2022
Maybe you have 9 months. It is not if but when. You have been warned. Wifey family has made appropriate moves already.
— Wifey (@WifeyAlpha) September 21, 2022
Inflation in Europe is out of control. pic.twitter.com/CMhK8gerX4
— ＴＨＥ ＭＡＲＫＥＴ ＤＯＧ (@TheMarketDog) September 21, 2022
Well, pretty sure this week will be a make or break for the credit markets. iTraxx Crossover & iTraxx Europe are on the verge of breakouts. Credit spreads to follow… pic.twitter.com/dLwWwuv3uE
— Heard on the Trading Floor (@HeardFloor) September 21, 2022