UK markets just had a wild ride after Rachel Reeves dropped her budget. Investors are still digesting what this means for government spending plans. ING's James Smith threw out an interesting take - market players might already be gaming out scenarios where the next person in charge leans even harder into borrowing. That speculation alone is adding fuel to the volatility we're seeing right now.
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PensionDestroyer
· 11-29 08:04
With this lending trap, how could the next person not continue? After all, it's just about pouring money, and the market has seen through it long ago.
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ApyWhisperer
· 11-29 03:22
The pound is about to To da moon again. This time, it's really a bet that the next government will spend more money. The market is scaring itself.
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GateUser-0717ab66
· 11-27 08:00
The British pound has been messed up again, and this time we have to blame the expectations game...
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DAOTruant
· 11-27 00:48
The pound is going to cause trouble again, and this time it's really a bit precarious...
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GasFeeCryer
· 11-27 00:46
Damn, it's this trap again? If the next person continues to borrow, we're done for.
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OnchainHolmes
· 11-27 00:43
Is the political expectation being hyped up again? The market really can bet on anything.
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TxFailed
· 11-27 00:33
ngl the real edge case here is watching markets price in *hypothetical future borrowing* before anyone even knows who's next... like we learned this the hard way with 2016 brexit bets, everyone got rekt gaming scenarios that never happened. technically speaking, this is just spectulation on speculation, which tbh is how you end up with the volatility nobody actually wanted
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StealthMoon
· 11-27 00:32
ngl this wave of expectations for the game is really something, if the next person can spend more money, the market might go crazy...
UK markets just had a wild ride after Rachel Reeves dropped her budget. Investors are still digesting what this means for government spending plans. ING's James Smith threw out an interesting take - market players might already be gaming out scenarios where the next person in charge leans even harder into borrowing. That speculation alone is adding fuel to the volatility we're seeing right now.