Global headwinds. If only. More like a quarter-witted, human tsunami. Keir Starmer and Rachel Reeves may still be unwilling to mention He Who Cannot Be Named. But this is no natural disaster. It’s one entirely created by the lunatic in the White House.
World stock markets down by another 4% on Monday. A war zone. The chart looks like someone has been shot while holding the tracker. Buckle up for the next Great Depression, where the only winners are the traders betting on markets going still lower and the vultures trying to buy up bankrupt businesses. The one bright side? The UK is no longer top of the charts for the single most stupid decision made by a G7 country in the last 80 years. Drinks all round.
