U.S sells a lot of oil and gas and as it happens Europe needs both. A lot of cap... | Hacker News

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		theplumber on Sept 30, 2022 \| parent \| context \| favorite \| on: UK pensions hit with margin calls as gilts and ste... U.S sells a lot of oil and gas and as it happens Europe needs both. A lot of capital is fleeing from Europe and other risky markets(China) to safe havens( the U.S). All this in addition to the fed rate cuts.

djbusby on Sept 30, 2022 [–]

Did you mean rate hikes? Isn't US Fed raising?

theplumber on Oct 2, 2022 | [–]

Rate hikes indeed

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