Friday, Oct 05, 2007
Credit crunch could lead to fall in sterling
MoneyWeek: The best way to play a slump in the pound
As UK house prices start to fall, retailers and estate agents have been calling for rate cuts. But the BoE has something more important to think about right now: the weakening pound. It's a worry for the Bank - but it could be an opportunity for investors...
Posted by mary @ 02:49 PM (682 views) Add Comment
4 Comments
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1. whiteknight said...
It can only be so much of a worry for the bank.
Why waste time worrying about what you can do little about.
The markets verdict is inevitable on this one. The "fundamentals" are poor.
2. lvmreader said...
In defence of currency
3. whiteknight said...
lvmreader:
why dont you do some thorough analysis for a change?
I am bored of being told to the letter what will happen in the next few months. I need some clever facts and figures to get lost in not a crystal ball.
4. dohousescrashinthewoods said...
lvmreader, I agree, but do you have a handy reference you can post that explains your conviction?