Is There a Doom Loop in Europe?

The UK government is scheduled to give its actual formal budget on November the 23rd. The market really wants to see that they have a grasp of how dire the public finances situation is, and that they have some sort of a plan to bring down GDP over the medium term. And then also, you know, the Bank of England have to go big with the hike to support the currency and reassure investors that they've got the inflation situation under control. But at the same time, we need to ensure the smooth functioning of the guilt market. It's a difficult balancing act.