Over the precipice
Then news came across the wires that the Bank of England had capitulated in the face of rising interest rates and would start buying long-dated gilts and controlling the yield curve. Stocks rallied.
Wednesday, September 28th, 2022
Mamaroneck, NY
By Tom Dyson, Investment Director
The dollar is like a loose cannon on the deck of a ship, smashing everything to bits. We’ve now seen interventions in Jap…