Dear Diary, it’s been another boring week, says Michael Wilson.
More dodgy economic statistics, more bankers getting themselves into trouble, another bad ripple of news on the China front, another incipient war somewhere, and a messy takeover making the headlines. Business as usual, in fact.
And all this in the week that the FTSE-100 surpasses its late 1999 peak to achieve its highest ever level. Not that we ought to believe any of that that stuff, of course, because if you believe the Daily Mail’s figures the CPI has put on 51% since 1999. By which reckoning we’re still in the depths of something pretty nasty and the remaining headroom for an upward equity shift is still suitable for giraffes.
But tell me, where will you find such a shot of well-grounded cynicism as this? That’s right, in IFA Magazine’s new Blog section of course. Digital editor Neil Martin has been sharpening up his nibs in readiness for the occasion, and the acid is already fizzing in the ink pen. So what are you waiting for?
Get yourself along to IFA Magazine’s new Blog section post-haste, and learn everything you ever wanted to know about the AGA economy, or the long-term implications of Budget changes, or the sheer duplicity of the verbal overdrive that only financial pundits could ever have hoped to get away with. And then come back to us with your own comments. We look forward to hearing from you.