In a bold and positive move yesterday the biggest bail out ever in the world has underpinned the worlds leading banks exposure to the American property market.

Trumpo was expecting the good news to keep flowing, but not gushing.

I have been praising the bold actions taken by the powers that be in America over the last twelve months and they have certainly boosted confidence around the financial markets this morning. Taking over $5.4 Trillion of Mortgages, thats twice the size of the UK economy, catapults the previously stock exchnage lsited Fannie Mae and Freddie Mac into a newly formed nationalisation of the US Mortgage Industry.

Maybe this bold activity will rub off on our sleeping Govt!

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