Unfortunately, market nirvana is almost always either a day away or the day we missed. And when it comes to investing, “perfect” is always the enemy of good.”
Our current amoeba-sized 0.25% base bank rate will simply increase to the dizzying heights of 0.5% – an historically low figure that we eventually arrived at in 2009, and abandoned briefly back in August 2016, as the severity of the financial crisis began to hit home.
“As communications technology continues to turn the commercial tide on editorial integrity, the stronger these currents run against the unwary investor herd. And so my stomach turns with the latest in a long line of four horsemen prognostications from Albert Edwards of Societe Generale…”
Meanwhile “the few” keep wondering why “the lot” keep believing we’re so screwed – terrified in part that when “they” finally realise “It’s a bull market, stupid” things could quickly erode into euphoric bubbles.