Dear Reader, The last place you should turn when looking for accurate house price forecasts are the big banks. Take Westpac, for example. Back in 2020, they forecast a whopping 10% fall in national property prices between April 2020 and June 2021. When it became clear how spectacularly wrong that forecast was, they backflipped. The […]
Dear Reader, ‘We shall not cease from exploration ‘And the end of all our exploring ‘Will be to arrive where we started ‘And know the place for the first time.’ TS Eliot, Little Gidding A storm named Eunice hit Ireland over the weekend. Winds of 122mph were recorded in nearby Britain, the fastest ever. Gusts […]
Dear Reader, Under normal government statistical methods, you are only considered unemployed if you don’t have a job and are looking for one. But, if you don’t have a job and are not looking for one (either because of COVID, school closings, or no available jobs match your skills), then you are not technically ‘unemployed’. […]
In today’s Money Morning…inflation is taking off and our purchasing power is shrinking…Maradona and monetary policy…commodities to hedge against inflation…and more…
2022 is likely to be dominated by two influential Is: inflation and interest rates.
Dear Reader, The 100-year parallel between 1920 and 2020 is unmistakable. Spanish flu followed by a short, sharp depression. A century later, COVID-19 delivered a particularly nasty recession…and, for some business owners, it was a depression. Since both situations were clothed in identical attire, surely a Roaring Twenties decade is in our future? Remember the […]
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