It has brought Operation Stack into effect - which means more than 2, 300 coastbound heavy goods vehicles can be parked on the M20 motorway.

BBC: Snow causes second day of disruption

With ten-year bond yields still well below 6%, Stack doesn't see the sharp rise in rates as having a dampening effect on equities.

FORBES: Magazine Article

Stack says that many analyses of the market, like Gross', fail to account for the effect of short-term interest rates just above 1%, which he believes make current valuations tenable.

FORBES: Magazine Article