Originally Posted by
Traveloguy
Comprehensive Spending Review.
If your making big bets with your money, I would have thought that it would be a fairly obvious acronym.
That's largely a non-event as regards the markets. While UK equities may react for about 30 minutes to the CSR or whatever else comes out of the new clowns who have recently replaced the old ones, it will have absolutely no major effect on the equity markets, and especially the US equity market (S&P 500). There are about 50 other factors far more important than the CSR that will drive equities in the next few weeks and months.