Browse Stacks: Analytics: Momentum: weekly.jpg
Breakout of UK index linked gilts less than 1.5 weeks to Brexit deadline. Had assumed that there would be a breakout on Brexit. But that might or might not be a correct assumption to make. I also assumed there would be a breakout on UK smaller companies. That has been doing well too. Index linked gilts usually go up when inflation is anticipated. The government view is that inflation will go up on Brexit and will not go up if the UK stays in the EU. Is this an indicator that the UK is about to Brexit. I don't know. I'm not convinced either way because the price is what the price is. This looks like it is going to keep on moving up to somewhere in the region of '20'.
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