How the British PUMPED stocks
The stock markets rally today is unsustainable. This video discusses why the stock market rally is unsustainable. The rally in stocks was the result of a drop in yields. The drop in yields was the result of actions taken by the Bank of England to drive price stability and lower the yield on long term bonds. This was caused due to various policies to boost economic activity in the UK. However, the rally in stocks is unsustainable since the fed has made it clear that rates will go up to combat inflation. Therefore the stock market rally is unsustainable.