vetoed Archives - Rvpg media

Why the market vetoed the U.K.’s budget–and what it means for the changing nature of stimulus around the world

Consider the following statement about the relationship between markets and policymakers: “(They) are separated by light years of distrust and misunderstanding. But market realities have the last say-so. Wall Street votes with the upward or downward movement of stock and bond prices. Their reaction ultimately will make or break a President’s program.” These were the … Read more