I have noticed an interesting trend. What happens in England eventually happens here. It is as if England is a leading indicator. I saw this happen with COVID 19. First England would have a surge in cases and a few weeks later, we would as well. Right now England is having some serious financial troubles related to their government bonds. I am not sure exactly why they are having issues, but hiking interest rates cratered their bond market. In fact, some have called it a “run”, which sounds like a panic to me. Well, if England is a leading indicator, then we will be experiencing some kind go “run” on bonds here soon. If that happens, then things will get nasty with the economy. Batten down the hatches, an economic storm is coming!
What do you think?
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