Markets are obsessed with central bank policy decisions. And this week featured an absolute overdose of those. That led to all sorts of market instability. Stocks, currency markets and bonds all whipsawed wildly.
Two weeks ago, we caught up with John Butler, the man who warned you of our inflation before it happened. In our video, I asked whether he expects inflation to come back down, or to persist. Find out what his answer was here.
What if lockdowns were a mistake? What if even politicians like Rishi Sunak knew they would be? What if they were silenced by unelected and unaccountable bureaucrats who took control of the government, the economy and our basic rights?
For the past six months, they’ve given us a spiel about inflation. But that was only Act 1 of the Merchants of Monetary Menace. And now it’s time for Act 2, with the same theatrics over the coming recession.
Back in 2018, I predicted a meltdown in the stockmarket over Italian elections. I called the prediction Bloody October. And the selloff which began in earnest at the end of September delivered the worst year for stocks since 2008.