Brexit is doing a number of UK right now. But dangerous to jump to conclusions about stock market reaction as in lh graph from @business @SoberLook
Actually as IMF GFSR shows, it is ENERGY sector that took big hit in UK, driving market down & FINANCIALS.
imf.org/en/Publication… https://t.co/CTFF182cI0
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from