MBS Day Ahead: What's All This Then?!
Posted To: MBS Commentary
Granted, the headline of right now's commentary will be misplaced on those who aren't fairly well-versed in Monty Python, but it was worthy of the risk to entertain the other three of you. The critical portion is that the phrase can be traced back to “some thing British” simply because much of the marketplace movement of the earlier two days falls into the exact same group. A thing British, you say?! That's out of still left industry, right? Yes without a doubt. It's more than enough to make us ask “what's all this then?!” (See, it was a rather good title if you acquired the allusion). Yesterday's British shocker was a tremendous hawkish statement from the Bank of England. Though they're not on par with the ECB, Fed, or BOJ, they do spherical out the “big four” in phrases of central banking companies on Planet Earth. There's…(read through more)