Voted to hike in November meeting
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Markets have realised they have a new concept of risk to play with: idiotic risk. Largely unquantifiable, we see many shining examples, whether in North Korea, the White House or No 10.
Most UK investors seem to view banks as one of the riskiest sectors in the market - a view I understand but fundamentally disagree with.
UK domestic stocks are deeply unloved in the eyes of the investment world and investor sentiment towards the UK is now as bad as it was in 2008, when much of the country's banking system was on the verge of collapse.
'Accelerate this pace of change'
Market pricing 90% chance of rate hike
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