Fear is rotating to concerns over policy and slowdown ...
No great surprise here given the levels of uncertainty in fixed income ...
Interesting to note … in the life sci hotspot in the UK today … gone tomorrow…
BTW he bailed because his research funding is EU based and he couldn’t get any clarity on whether his funding would continue to flow given the UK’s intransigence over trade (the latest evolution of which is the idiocy surrounding the NI protocol) ….
Oh and he’s taking his research staff with him … which is just the kind of slow burning
This chart tells you alot about why a recession induced by a business cycle rolling over and a real estate recession induced by speculation are very different things ...
Oh and by the way - RE is way down the list of places to look for speculation...
Err ... Boris has clearly forgotten that he actually works from home ...
... may be he forgot on his way back from the fridge ... thankfully though he gains his energy from having lots of people around him ... so its a good job he also throws late night drinks parties during lockdowns...
The downside of credit & cranes ... excess inventory and broken banks ... China is treading the path through a secondary banking crisis ... a path well worn by other markets over the decades ...
Interesting to note … in the life sci hotspot in the UK today … gone tomorrow…
BTW he bailed because his research funding is EU based and he couldn’t get any clarity on whether his funding would continue to flow given the UK’s intransigence over trade (the latest evolution of which is the idiocy surrounding the NI protocol) ….
Oh and he’s taking his research staff with him … which is just the kind of slow burning brain drain that the UK doesn’t need …
Work from ... work?
Wondering how the risk of recession and the incremental challenges posed by real incomes falling dramatically is going to change this dynamic...
Certainly ....
Interesting data ...
Ouch ... more diversification anyone?
