As if on cue, some actual investment good news. Our Stockmarket has sort-of soared (already leading one client to tell me he’s worried it’s too high, no pleasing some people). Apparently, it was football fever that saved the UK from recession. We all went to the pub and bought other stuff, including tech to watch it all on; or went out to avoid the wall-to-wall coverage. China is opening up for business, although they all have Covid, and things are looking further up (themselves, some might say) across the proverbial Atlantic Pond. Fund manager comments: ‘ It might be too early to feel confident, but perhaps pessimism can end. The fear that the world was close some sort of economic precipice seems to have dwindled significantly’. That feels suspiciously like someone else’s glass half-filling. So all good; as long as you don’t need an ambulance.
“CBI boss urges Sunak to show more ambition on economy”
For the first time for a long-time, someone with some positive, non-binary (in the old sense) ideas to get us out of our current economic, low or no growth mire.
