(June 27, 2016 at 12:17 pm)Alasdair Ham Wrote: I guess I just don't see how all things being equal it going down before going back to where it was is a good thing. And I don't see how all things being equal the Sterling getting a kicking is a good thing.
It isn't, especially when both are occurring simultaneously.
It appears to be post hoc rationalization, IMHO.