You are in absolute luck here. Malcolm Baker is a short term interest rate legend, and he's made this 80 page PDF to teach you all about interest rates...
Some people are ecstatic, some in disbelief, some unsurprised... Mixed feelings all around, just like markets, always.
I was chatting with Tim the other day and I said to him that my main goal for each day is to end up having to do nothing and having to think nothing. Because that means you're doing something right.
Shitting myself over writing this one, mainly because I don't really like calling regime shifts...
If people ain't earning, then people ain't buying.
I've kept a keen eye on this little thing known as the Zero Lower Bound since Andy Haldane, then Bank of England Chief Economist, mentioned it...
If I could sum up the state of the market looking back a week, it would be the image above. A total, unadulterated, disgusting, expensive, devastating wreck... And we haven't even broken the February lows yes on the
