Edmund Simms's avatar
$29.4m follower assets
Consumer prices in Britain were 11.1% higher in October than last year and above the 10.7% inflation rate economists had forecast. Prices have gone up at their fastest pace since 1982. Wages have stagnated, and the country faces a brutal house price bubble.

Strikes have happened, but when will the residents of Thamesezuela riot?
Conor Mac's avatar
Lol at the BOE thinking inflation was over.
Dave Ahern's avatar
@investmenttalk yeah, US markets think inflation is over because it dropped from 7.9% to 7.7% 🤷‍♂️🤷‍♂️
Uday's avatar
Stagflationary. The main index FTSE 100 still looks attractive to me due to a high dividend paying power and a high energy/commodities weight.
Todor Kostov's avatar
@valuabl "Project Zimbabwe" ... as some people refer to ...