Sterling or FTSE? One Is Wrong

    • It’s perfectly logical. Printing money debases the currency but inflates equities as all the new money sloshing around has to be parked somewhere. It’s been happening in the US for 4 years now. If you’re surprised, you haven’t been reading the WSJ.

    • BoE’s been printing nearly as long as the US, so why does that mean sterling decouples now?

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