FLGB - Europe Has A New 'Sick Man' Here's How I'm Playing It

2024-03-08 01:35:39 ET

Summary

• The UK is facing economic troubles, with the British pound suffering against the dollar and the euro.
• The UK's inflation in 2023 was double that of G20 averages, making it the worst among developed countries.
• The UK's technical recession has damaged the government's reputation, leading to a shift in favor of the Labor Party in upcoming elections.
• This article presents two trade ideas to take advantage of these trends.

Introduction

Despite my penchant to write about economics quite a bit, my undergraduate degree was in History. It's rare for me to write in historical metaphors, but I'm always tempted to - this time, that impulse won.

One of the papers I wrote back in college was about the Treaty of Karlowitz, signed in 1699 to end the Great Turkish War, where a coalition of European powers defeated the Ottoman Empire (now Türkiye) and stopped their expansion further into mainland Europe....

For further details see: