Very interesting (If you like that kind of thing)
Summery
Low base rates are gone and not coming back in a hurry.
Life insurers (under writers) are taking on more risk to get returns.
Geo political tensions are further exacerbating financial stability globally.
Conclusion.
It's very much a "risk off environment" indication a sustained lose of confidence.
The above is my interpretation of the BIS 35 minute video.
Ps. The word "fracture" was used twice.
(Allegedly)
I'm just keeping this as a reminder of the world we live in.
Rea. . x
Starmer (UK PM) has pretty much done all he was told to do by King Charles inside a year.
SLLR & WBN324 Talk Radio
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