It’s interesting that the worst paid jobs are both those which no-one, and everyone wants to do. In the ’no one’ category are those who work in places we can’t do without, like hospitals, care homes, supermarkets, bin lorries and, yes, pubs and restaurants. In radio, TV, film and fashion and showbiz, most (apart from a few at the top of the tree) earn next to nothing or nothing at all if they’re graduate interns. Careers advice for your kids etc. should be to go for something dull and unglamorous if you want to pay the mortgage. You don’t see many TV series about hard-hitting teams fo financial advisers fighting to bring pension planning to the masses, do you? And for that reason, most prefer the ‘Devil Wears Prada’ option. Which may not be an option for a while.
“Do not expect America’s interest rates to fall just yet”
As rehearsed many times on these pages, the next move onwards and upwards for your investments depends largely on the decisions of various bankers and economists in what would once have been ‘smoke-filled rooms’.