RE: 10 Year Gilt9 Jan 2025 08:57
Morning Bros..
Bond market always ahead of the stock market..
Presidents of Denmark and Mexico quick off the mark yesterday to put Trump back in his place.. Going to be interesting his tenure. If he thinks tariffs, threatening allies and stealing territory etc is the way forward. Well good luck with that one
So how is jo the plumber doing across the pond.
"card lenders wrote off $46 billion in seriously delinquent loans in the first nine months of this year, a 50% jump over 2023. That’s the highest level in 14 years"...
Not so good..
But how the US states compare with say Europe..
Well
"GDP per capita ranges from €15,773 in Bulgaria to €125,043 in Luxembourg. The EU average is €40,060, compared to the US average of €80,023.
Uk at at $48,441 poorer than ...Mississippi. Alabama etc ..