And all was well..........

Sat in on a meeting with Bank's chief economist and was quite shocked after slides and charts and the usual good stuff that..............all was well in the UK.  It did make me feel better. And best of all Brexit never happened. Looking at all the slides and charts Brexit does not show up on the last 2 years of UK performance data - Covid - yes certainly makes a bit of a dip on the graph (biggest since WW1) but that bounces back to 'meh'. So equities look set fair, interest rates - will peak but not cause trouble, inflation will peak but not cause trouble, and companies and households are sat on the biggest savings cash pile for some decades and will unleash it as soon as they can. So rosy - but then he is an economist - so could get his rubber out and change the charts when the future actually shows up.... 

Posted by Andrew on 29/11/2021