by Summary:
FTSE keeps making new all time highs… hard to understand vs US stocks which remain discounted …. 🤔 BOE has been significantly increasing UK risk free rate also…One difference between the US and UK systems is that BOE never did very much QE in the first place and perhaps more importantly doesn’t count BOE liabilities to UK banks against the banks regulatory total asset constraints…May be allowing UK banks to apply higher prices to these financial assets vs. otherwise…
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Mike Norman considers the following as important:
This could be interesting, too:
FTSE keeps making new all time highs… hard to understand vs US stocks which remain discounted …. 🤔 BOE has been significantly increasing UK risk free rate also…One difference between the US and UK systems is that BOE never did very much QE in the first place and perhaps more importantly doesn’t count BOE liabilities to UK banks against the banks regulatory total asset constraints…May be allowing UK banks to apply higher prices to these financial assets vs. otherwise…
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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FTSE keeps making new all time highs… hard to understand vs US stocks which remain discounted …. 🤔
BOE has been significantly increasing UK risk free rate also…One difference between the US and UK systems is that BOE never did very much QE in the first place and perhaps more importantly doesn’t count BOE liabilities to UK banks against the banks regulatory total asset constraints…
May be allowing UK banks to apply higher prices to these financial assets vs. otherwise…
