U.K. Stocks Drop for Fourth Day After Osborne’s Budget – Bloomberg 03-20-13

Salient to Investors:

Alan Higgins at Coutts said Osborne is limited and has to take from one hand to give to the other, and today’s statement is a small opening of the door for more monetary stimulus, though mainly a confirmation of business as usual. Higgins said the bigger news is housing and the potential issue of US-style mortgage bonds.

Read the full article at http://www.bloomberg.com/news/2013-03-20/u-k-stocks-rebound-from-three-day-drop-before-budget.html

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