I remember something clicked for me when I read that the performance of shares in foreign companies listed on the FTSE 100 inversely tracked the strength of the pound.
Because of course, if a pound is worth less, a company actually making things is worth more of them.
It's easy to make stock market numbers go up by allowing inflation to erode the value of the currency.
Ben Curthoys
npub1kg…kng4y
2025-12-02 08:03:03 UTC
in reply to nevent1q…0vq2
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2025-12-02 08:03:03 UTCEvent JSON
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