Angus Armstrong 30 September 2022 Much ink has been spilled this week on how the UK Government’s mini-budget either ‘spooked’ or ‘frightened’ the markets, giving the rather silly impression that markets are either afraid of the supernatural or bizarrely timid, and that the world’s markets should be viewed as having a single collective opinion. The problem with such terms is that they obscure what actually happens, and therefore what might happen, and maybe even how best to respond.
