Back to it the FTSE 100 finally realised that a weak pound is not as great, as one was led to believe. And the matter of consumer spending, and annual revenues mean a lot more to the FTSE 100 Corporations, and investors than a weak pound.
Me and my economists foresee a bumpy 2017, There are too many over leveraged banks in need of bailouts, consumers are going to be a lot less forthcoming to spend. Unemployment is going to increase also bringing consumer spending down. The first sign that the wheels are in motion is 0% interest rates set by the "BOE".
I read report of Banks that cannot recover even if there are negative interest rates, Because they have taken on too many risky assets. The future in the long term is Bleak start shorting.
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