RE: Retail Bond5 Sep 2019 12:16
Mrd, has it in his head that we are heading for a recession. I think I’m right in saying that all recessions in recent times have been preceded by an oil spike, so if that’s the situation once again, being in this share is the correct strategy. Having said that I run my own business & for us business is great (non discretionary, luxury goods), as I’m working at the economy’s coal face, I’m yet to see any sign of recession. Although I can’t stand Trump, he is right in saying the media is loaded with fake news so all this economic negativity IMO is totally overdone.