Today's Must-Reads - 3 November 2022 & how we will have Stagnation for at least a few years (or worse)
A selection of the latest news, studies, reports and articles
I spend a lot of time each day gathering together new information and interesting articles. I then pick one or two of the most interesting topics and write about them. However, that leaves a lot of missed out information that I’m not sharing.
Below is a summary of all the latest articles and information that I’ve found. Today, this is for paid subscribers only and will be a lot of the time in the future.
Please consider taking out a paid subscription because it enables me to spend longer reporting on the news that isn’t, but should be reported.
First a look at why we are likely to have stagflation in the economy for at least a few years. And that is if we are lucky - whatever happened to the neo-roaring twenties!?
Today, the Bank Of England (BoE) raised interest rates by 0.75%, taking the base rate to 3%. It started the year at 0.25% and is the biggest single increase for 33 years (always the number 33, weird). This was expected by most although judging by the reaction in the markets, far too many were still expecting less of an increase.
However, the concerning (but again, easily predicted) financial news came in the charts, presented by the BoE, alongside their rate increase.
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