The Bank of England has pivoted at the drop of a hat. So that's the story to focus on without any other detail necessary.
This bank is far from independent, another bailout and even more moral hazard.
We're talking about a reversal from unloading its balance sheet to buying an open-ended quantity. Temporally? We shall see.
What should have happened is a step down on the reckless tax cuts and a windfall tax on energy company excess profits, a completely broken market.
The weekly is high probability bullish as is the next daily.
This bank is far from independent, another bailout and even more moral hazard.
We're talking about a reversal from unloading its balance sheet to buying an open-ended quantity. Temporally? We shall see.
What should have happened is a step down on the reckless tax cuts and a windfall tax on energy company excess profits, a completely broken market.
The weekly is high probability bullish as is the next daily.
#doyourownanalysisordietryin
7