- FITCH: UK GOVT MAY BE MOST INDEBTED OF AAA SOVEREIGNS EX U.S. -BBG
- FITCH: NEW UK FISCAL VIEWS 'SIGNIFICANT DETERIORATION' VS MARCH - BBG
- And the punchline: "the capacity of UK public finances to absorb adverse economic and financial shocks that would result in yet higher public debt while retaining its 'AAA' status has largely been exhausted"
Fact:
The UK has the Greatest combined debt (Government, Corporate and Household) to GDP of any other nation.
While we rarely get to see what's going on in the dark pool trading centers, we do get a peak today and it seems to confirm that smart money is betting against the UK.
Goldman's Dark Pool, Sigma X most actively traded issues. Note Lloyds, RBS and HSBC.
On a personal note, when will the SEC finally do their job and get rid of dark pool trading?
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