This highlights my macro themes.
Highlights
| U.K. Producer Prices Increase Most in 10 Months |
Rising crude prices driving up CPI.
| U.K. Homebuyers Bet Property Recovery to Be Illusory |
No one believes fiscal policy works.
| Julius Says BOE Risks Woes of ‘Love Affair’ By Printing Money |
Everyone is afraid ‘quantitative easing’ has ramifications beyond dropping targeted rates a few basis points.
| U.K. Income Gap Reaches Widest in Five Decades, Researchers Say |
The income gap will only get wider with the recovery as unemployment keeps real wages in check and the real wealth flows upward.
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