UK economy ‘one of the most vulnerable’ in the world right now due to mortgage trends, strategist says

Econ & Housing

George Clerk | E+ | Getty ImagesThere’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist.Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily short-term.” While…

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