Gilt Yields CRATER After BOE Re-Starts QE.
From Greg M
Lions and friends…
This capitulation by the Bank of England is HUGE yes, but we need to pay attention to global bond yields and if other central banks will follow suit.
Right now the US 10 year yield has dropped and the MMRI has also come down.
I will keep you informed.
GM
Peter Schiff
@PeterSchiff
#Apple is cutting production of the new iPhone 14 due to weaker than expected demand. This is more evidence of #inflation and #recession, as weaker economies and higher prices mean consumers can't afford to buy the newest iPhones. This problem is likely not confined to iPhones.
Pure Puffery