lc
Sentiment is changing regarding #interestrates .
This is no surprise.
#market swings are always overdone in both directions as everyone jumps on board a move that's already happened.
If you believe market valuations (particularly in the US) were over cooked last year (I'm in that camp) as people got giddy on #ratecuts, be careful of a market swing in the other direction as sentiment shifts further.
Yesterdays 40bn GBP dump in the #ftse100 might be a sign of things to come.
Danger Danger Danger.
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