What caught my eye this week. I get the impression people are already tiring of the endless inflation talk. But I find it hard to look away. The stats just keep coming! This week UK inflation hit 7%. That’s a 30-year high and ahead of most economists’ predictions. The old RPI measure of inflation is [...]
2022
High inflation can be murderous for equities and bond returns. But it’s more complicated than that.
Paying for property is getting a lot more expensive, plus the rest of the week’s good reads…
Once more the contrast between my daily diet of media-amplified fear and the damage done to our Slow & Steady passive portfolio surprises me. The portfolio is down just 3.5% since its peak last quarter. Essentially, we’re back where we were six months ago. That’s despite the arrow-headed threats of stagflation, economic crisis, and a [...]