How much Time and Money does the UK Need?
The UK’s finances depend on how long energy security remains compromised, and whether the new Truss government can convince markets to fund that time.
Queen Elizabeth
This Elizabethan Age has ended. Queen Elizabeth was instrumental in establishing and strengthening the UK’s Soft-Power and global position on an increasingly confused global stage. It’s time to look to the future.
Forget the dead cat bounce, its all about inflation and the Dollar!
There is nothing like a dead cat bounce to cheer up the already doomed, but the real issues are inflation and dollar strength. Both can be addressed, and the treatment will hurt. Smile and get used to it.
Things are never as bad as you fear… are they? GalleryThings are never as bad as you fear… are they?
Central Banks, Political risk, Financial Crisis, ECB, Global Growth, Ukraine, Gas, Brexit, Debt, UK, Capitalism, stagflation, Economy, Europe, Market Crash, Inflation, Government, Energy, Italy, Recession, USA, interest rates, Russia, Germany
Things are never as bad as you fear… are they?
The news looks bleak. A cataclysm of gloom is set to sink Europe and the UK – but, maybe things aren’t as bad as we think. Good news and a realisation things can get better could stabilize sentiment, and build a recovery base. Maybe?
Liz Truss has 5 days to avert a confidence crisis in the UK
The new UK Premier has 5 days – tops – to establish her new government and put in place the strategies and policies to restore confidence in the UK economy. If not, the Virtuous Sovereign Trinity will fracture. It needs sound communication and clear grasp of the problems behind the crisis. Truss hasn’t demonstrated either – yet.
The UK’s NHS is a political nightmare – but could yet be fixed!
The last thing new UK premier Liz Truss will try to do is fix the NHS. Too difficult and an electoral minefield. It will get worse. But, tech and medical advances plus a bit of flair could give us a new NHS fit for purpose and ready for the next century. It will take will and imagination – which is unlikely to be found in the Department of Health or No 10.
The Stock Market Rout Has Only Just Begun.
Harry Hindsight is the greatest trader who ever lived. He saw the July/August rally was just a bear trap. But, he’s not revealing his thoughts on how much further the market has to correct. Some analysts see mean reversion all the way back to 2008 levels!
The UK risks losing its status as a sound financially sovereign nation
The UK is at risk of breaking its “Virtuous Sovereign Trinity” of stable politics, currency and bond markets. Collapsing confidence in politics to stem the slide in sterling and thus Gilts, could see the UK stumble into a crippling Sovereign Financial crisis sooner than we think possible.
This is not a storm, a hurricane this way comes.
Readers of a sensitive nature may wish to take a chill pill before reading this morning’s Porridge comment. Remember, the sun will come up tomorrow. The market might not.
A winter of discontent will replace the glorious summer – and why railways matter!
As summer wends towards its end, a winter of populist discontent from left and right will make Europe increasingly fraxious. While the US economy will likely be on path to recovery – Europe will still be trending down.
