Nov 2024
4:33pm, 6 Nov 2024
23,389 posts
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rf_fozzy
Look at the Graph on the video Chris. It was nowhere near as bad as the Trussterfuck.
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Nov 2024
4:35pm, 6 Nov 2024
22,365 posts
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Chrisull
Really? This is not supported by the data. Even on this thread. Wrong again. Ian Dunt: iandunt.substack.com Plenty more where that came from. Haven't got time to post them all, but I will if you really want. |
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Nov 2024
4:36pm, 6 Nov 2024
22,366 posts
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Chrisull
fozzy - I said "briefly resembled" and it did. I didn't say it was in anyway as bad.
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Nov 2024
4:36pm, 6 Nov 2024
23,390 posts
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rf_fozzy
Not saying that Gilt yields didn't go up as part of a market overreaction to the Reeves budget, but it was about a 4% change according to Ed Conway's chart. The minibudget caused a 40%+ change. Order of magnitude difference. |
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Nov 2024
4:36pm, 6 Nov 2024
23,391 posts
|
rf_fozzy
Chrisull wrote: fozzy - I said "briefly resembled" and it did. I didn't say it was in anyway as bad. An order of magnitude difference is not resembling anything. |
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Nov 2024
4:37pm, 6 Nov 2024
22,367 posts
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Chrisull
I agree, but the way they both occurred, started the same way. The markets are easily spooked is my point.
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Nov 2024
4:37pm, 6 Nov 2024
46,644 posts
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SPR
Also apparently the OBR made an error that may have caused the spike.
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Nov 2024
4:37pm, 6 Nov 2024
26,026 posts
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larkim
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Nov 2024
4:37pm, 6 Nov 2024
26,027 posts
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larkim
Very different levels of spike.
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Nov 2024
4:38pm, 6 Nov 2024
23,392 posts
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rf_fozzy
Chrisull wrote: Really? This is not supported by the data. Even on this thread. Wrong again. Ian Dunt: iandunt.substack.com Plenty more where that came from. Haven't got time to post them all, but I will if you really want. Except that you and the other self-proclaimed "lefties" are the ones who've been bemoaning it and searching for "answers" on here all day. I go back to my point this morning: "There will be lots of bad takes in the next few days" And I meant on this thread too. Peace. Out. |
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