Post-Truss Stress Disorder By Stefan Koopman, Senior macro strategist at Rabobank Imagine securing a record-breaking majority, meticulously briefing every major policy shift you want to make, doing everything economists and central bankers had once begged you to do, start thinking about spending and investment in a strategic way, pre-announcing key decisions well in advance – only to emerge as a knockoff of Liz Truss. As we outlined in our post-Budget special, there’s a straightforward diagnostic for assessing how fiscal announcements impact bond yields and exchange rates. An uptick in yields alongside a steady currency is not a ‘spooked’ market: it’s… — Continue at ZeroHedge News : Read More
