So what’s going to happen, Philip, I’m asked most days? Well, limiting it to investments, at the risk of repeating myself and reminding you that I am not a mega-paid hedge or fund manager…stock markets will be fine because Trump wants them to be, China can make them be and Brexit is a side show in world terms. When/if it happens, we’ll recess and the government will spend lots to try and prevent us recessing. If you’re selling a house/shop/office/factory, do it now, if you’re buying, hang on a while as both the ‘B’ word and simple supply over demand will slump property. I think. But what do I know.
“Global stock markets fall sharply amid fears over inflation and China slowdown”
Diesel at my local filling station now costs over £7.50 a gallon (kids etc.). Not my problem these days, but I’m sadly old enough to remember the furore in the 1970s when the price went up to 50p a gallon.
