Aston Martin’s extraordinary rally on the back of a F1 podium place squeezed out the shorts as fans backed their belief by buying the stock. The reality for the UK is bleaker – the UK budget next week (March 15) will do little to inspire global enthusiasm for the decaying economy. The UK needs something visionary and new!
The UK stock market hit a new high yesterday! And its all due to Brexit – apparently? Sometimes we bet on red and it comes up black. As long as the UK remains delusional about making a bad call, the nation will continue to underperform and sink down the league tables. We could make national honesty a strength!.
Something is rotten in the state… A deep rooted canker underlies the current crisis. Removing it will give the UK a real chance at some kind of Brexit Bonus, Growth and Prosperity. But we have to change, and change utterly.
The new Truss/Kwarteng grand plan to create a UK High Growth High Wage economy boils down to trickle-down economics, which simply don’t work. They won’t restore the economy, but they may, perversely, boost markets.
As Freedom Day in the UK approaches, just what are the risks? Rising infections, and more virulent and dangerous mutated variants could still put a kybosh on reopening. Are we doomed to a repeating cycle of lockdowns? And what could that mean for markets? Probably another opportunity..