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Very disturbing...

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By (user no longer on site) OP     over a year ago

"A source who was present at a dinner attended by hedge-fund managers a week ago revealed: “They were all supporters of Truss and every one of them was shorting the pound.”

Taken directly from Harry Yorke's Twitter, the Deputy Political Editor at The Sunday Times.

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By *ercuryMan  over a year ago

Grantham

London brokers have been shorting the pound since the start of the summer.

The financial statement on Friday was not welcomed by the markets. The dollar is strong and surging, and the markets only see a UK recession and interest rates rising. Maybe even upto 5%.

New York analysts are even talking about dollar-pound parity soon, and maybe even worse.

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By *AFKA HovisMan  over a year ago

Sindon Swingdon Swindon


""A source who was present at a dinner attended by hedge-fund managers a week ago revealed: “They were all supporters of Truss and every one of them was shorting the pound.”

Taken directly from Harry Yorke's Twitter, the Deputy Political Editor at The Sunday Times."

there is a definite disconnect between the zealots of free market policies, and the free market.

The Tories are starting to become the worst part of a religion, when you see no resemblance between the way they act, and the teachings they say they believe in....

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By *uddy laneMan  over a year ago

dudley


""A source who was present at a dinner attended by hedge-fund managers a week ago revealed: “They were all supporters of Truss and every one of them was shorting the pound.”

Taken directly from Harry Yorke's Twitter, the Deputy Political Editor at The Sunday Times."

Bankers have been shorting the pound for ever. Even goerge soros and his banking buddies broke the bank of England in 1992.

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By *ohnnyTwoNotesMan  over a year ago

golden fields


""A source who was present at a dinner attended by hedge-fund managers a week ago revealed: “They were all supporters of Truss and every one of them was shorting the pound.”

Taken directly from Harry Yorke's Twitter, the Deputy Political Editor at The Sunday Times."

Disturbing for the Tory party donors who weren't informed in advance of the mini budget maybe. For the rest of us, BAU for the Conservatives.

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By *otMe66Man  over a year ago

Terra Firma


""A source who was present at a dinner attended by hedge-fund managers a week ago revealed: “They were all supporters of Truss and every one of them was shorting the pound.”

Taken directly from Harry Yorke's Twitter, the Deputy Political Editor at The Sunday Times."

Shorting = selling = more in circulation = less in value

$ is doing so well because of??

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