
The Great Pension Fund Panic of 2022
A Long Time In Finance
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Index Link Prices Didn't Just Fall but Collided
Index linked stocks didn't just fall but collapsed some of the longer dated ones actually halved in the day yeah they did it's worth pointing out and I've done this quite recently for various reasons if you look at what happened over the course of the last year index link prices have been drawn. The years have been going up and that's because inflation expectations are going up which is seems contrary to common sense. do it I'm lost long ago I have to say I just want to once again try and summarize what you've just said John basically the sting in the tail as as you see it is that interest rates jumpedBecause of what quasi announced in his mini budget it unbalanced the
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