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Is Sterling doomed?

Steven Bell - weekly update - 26-09-22 - Video thumbnail
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The US midterm elections have delivered a clear outcome: the Democrats will take control of both the House and the Senate from January 2027.
Last week's UK Budget proved, as expected, to be a non-event for financial markets. Rather than tackling the major macroeconomic decisions facing the UK, it deferred them.
Renewed volatility across equity and bond markets reflects the convergence of several familiar risks: fiscal and political uncertainty in France, scrutiny of artificial intelligence-related investment, and renewed inflation concerns as oil prices rise.
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