This morning, it feels like there are almost as many different theories offering a prognosis for the economy and markets as there are days in the year. Yesterday and this morning a whole raft of different reports were published. And they range from claiming that both the UK and US economies are virtually brimming over with consumer confidence, to fears of a major slowdown on both sides of the pond.
It really does seem to come down to your own view on debt. Is it sustainable? Can the US and UK continue to get away with their respective trade deficits? For many years some have been predicting that it will all end in tears, and yet the roof hasn’t caved in at all.
Is the private equity boom over? Does the shortage of credit that has been reported so widely mean that the mergers and acquisition craze is being squeezed into ignominious retreat?
Has the UK made itself too reliant on its financial hub - the City - and does that make us too vulnerable to any future slowdown in the financial services sector?
What about consumers and the property market? Is all that debt we have taken on sustainable? Is our apparent confidence misplaced or does the high level of employment mean we can just keep on spending?
Tell us what you think.gt;
Well, what do you think? Agree or disagree? Tell me what you think on the editor’s blog at Find.co.uk
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