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MrB

Pesto Getting The Heebie Jeebies Again

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http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/12/why_are_investors_turning_agai.html

Anyway, when I put all this together I am left with a slight uneasy feeling.

What's clear is that investors are no longer as enamoured as they were with the public-sector debts of the US and Germany.

What is less clear is whether that's a good thing, reflecting the growing confidence of investors that it has become safer to put their money elsewhere, or whether it shows creeping fears about incipient inflation and the recognition that even the world's best credits have been tainted by the leverage virus.

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He doesn't know what he's talking about.

Not sure I agree. I think Pesto's one of the best journalists around, and his heart seems to be in the right place.

I don't know how he manages to maintain his dubious insider contacts when he seems happy to break big stories - maybe I'm just being naive.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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