I really don’t get it.
Two days ago we had a budget that will do nothing for this country.
Then, today, we hear that over the first three months of this year, the economy shrank by 1.9% – the biggest three month decline since 1979.
However, the FTSE had a pretty good day today – up 3.43% and keeping gains that it made during the day which it normally doesn’t seem to do – and the £ held up pretty well against the $ and the €, finshing about the same as it started today.
Why hasn’t every indicator that we’re in the shit fallen through the floor?
What’s going on?
Filed under: Bizarre, Current affairs | Tagged: $, €, £, budget, dollar, economy, euro, FTSE, pound, UK | Leave a comment »