And of course there’s oil and the oil price. This has fallen as it seems we and the Europeans have decided (rather pathetically) to carry on buying Putin’s oil and gas; the Americans have their own of course, so they’re alright, Jack. Although the price is around $100 a barrell, which sounds horrific, it has been higher than that 4 or 5 times in the last 10 years, and was $150 in 2008, during various crises mostly now forgotten. And there is talk that this may speed up our to carbon-neutral, simply because we won’t have a choice. Maybe that’s the push we need; just not a very nice way to get it.
“Markets in V-mode: vaccine hopes, Biden bounce in play”
It was interesting to look at the winners and losers in last week’s stockmarket Biden Bounce and Vaccine V. Cineworld led the charge, up 50% together with Stagecoach, National Express, Trainline and the airlines, Gym Group and property companies all by more than 30%....
