Gary Shilling says the stock market could see a 1930s-like decline... Financial analyst Gary Shilling said stocks could tumble as the economic recovery from the coronavirus recession takes longer than expected. “I think we’ve got a second leg down and that’s very much reminiscent of what happened in the 1930s where people appreciate the depth of this recession and the disruption and how long it’s going to take to recover,” read more; https://www.cnbc.com/2020/07/06/gary-shilling-says-the-stock-market-could-see-a-1930s-like-decline.html?__source=twitter%7Cmain
snige, sit on the fence...? UK offering 3 million Hong Kong residents permanent UK status , i really don't think China will take this news sitting down....
Bank of England interest rate-setter Jonathan Haskel said that indicators of rising unemployment in the UK caused by the coronavirus crisis “are already revealing themselves.”
In a speech given today, Haskel said there was a risk that Britain’s economy would be harder hit by the pandemic than the central bank has predicted. “I believe the current stance of monetary policy is appropriate but, on balance, risks are to the downside,” Haskel told the Brighton Chamber of Commerce.
coronavirus death toll rises by 176 ahead of lockdown lifting in England....
A further 176 people have died from coronavirus in the UK, bringing the total death toll to 43,906.
The Department of Health said 226,398 had been carried out in the past day. As of this morning, 9,662,051 tests have been carried out but the reporting on the number of people has been paused to “ensure consistent reporting”.
It comes as England plans to lift lockdown restrictions on pubs, restaurants, cinemas, galleries and hairdressers on Saturday.
PI's my post was intended to give information only and not kick off a debate about posters. personally i am very positive about the UK going forward, i don't fear No Deal.