A fundamental analyst caught my attention when he dropped multi-colored feces right in the middle of the crosswalk on a major blvd .....
its getting to the point when a fellow cannot even take a walk in peace without some analyst mistaking tar for the pastures of the Mara.
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UK - Whilst not part of the eurozone has seen its 10 year yields continue to trend higher to 3.3%, marginally below the recent high of 3.4%. The lower UK yield despite Britains huge debt mountain illustrates the flexibility afforded by being OUTSIDE the euro-zone as it allows Britain to continue to stealth default on its debts by means of printing money induced high inflation that the Eurozone countries cannot do individually I.e. the UK government prints money that it loans to the bankrupt banks at 0.5% to buy UK government bonds at 3.3%, hence why the yields are lower than the likes of Spain and Italy, which acts as a safety valve preventing outright bankruptcy but the price paid is in high inflation, with the doctored official inflation measure of CPI is at 3.2%, the more recognised RPI at 4.5% and real inflation at 6%
welcome to STEALTH collapse that only the dead and broke one noo would happen well in advance.