Well.... what can I say

NVDA is steaming because their GPUs can be used for AI, and that is the current flavour of the tulip.

Which knife is that ?

Might be. Or a it might be a trend break. We shall know soon enough.

... and spawned a great film

Just as the Evergrande fiasco has been quiet recently .. there is now a new threat. url ... and let us not forget, the last time that rates went from zero to 5% in fairly short order was under Mr.Bernanke prior to 2007 ~ 2008 Incidentally ...

Agree although you may also usefully hold some other index based instruments. Also the better technique is to build a holding over time, even Warren Buffet admitted to preferring the gradual 'acquire' method.

Agreed Rightmove numbers are wishful thinking, although the website reveals an increasing number of unsold properties whose asking price has been reduced. Today's RICS data is more revealing. Something like 75% of UK mortgages are on a fixed rate so ...

The pain felt by, or inflicted upon, the ordinary people is just beginning. Give it a few more months.

You can't have it both ways. Either printing money (2009 - 2021) caused this inflation or it will be the solution to inflation. Somehow I don't believe that printing money right now is the answer unless one considers inflation to be a 'seasonal' ...

Well.... Achieved house prices are only just starting to fall, prior to now there has been a reduction in sales volumes. So I guess we shall see in the near future. I believe that is an aberration from the support provided after the 2008 financial ...

So... you are agreeing but consider society's position on "the scale" to be currently in the safe zone. In 2011 we had riots in Croydon, the nature of the spark was less important than the fact that the tinder was dry enough to flare. We had more ...

Yes, the UK housing market is expensive. However the owner-occupier ratio is back to where it was pre-Thatcher, I read that recently but can't remember where. The high price of housing is due to the general shortage of housing, but that has little ...

No... it is because they had a massive stock market and asset-value crash in the 90s ... rather like the one we all had in 2008, but theirs was worse.

The "unemployment rate" is a measure of social risk. Too high and the streets erupt.

At last some candid thinking from a Central Banker What a guy! A while back some economist wrote that "inflation is when there is too much money chasing too few goods" .. or something like that, a reflection upon the effects of opulence. This ...

The BoE, or more precisely the MPC, do not understand inflation. That is the reason that inflation is as bad as it is right now. This time there are two main causes, and one that I am not allowed to mention without getting CoC'd. So first ... after ...

The ineptitude of the BoE's MPC is staggering. It would appear that they spend too much time pouring over defective computer models when they should be thinking or using some of their training. 1) Everything is linked to the cost of energy, so when ...

I have understood your point (maybe). It takes a while for young people to realise that the metrics or tenets upon which they base judgements and decisions have been installed by someone else, and possibly the installed tenets are merely parroting ...