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Forecast (Fool - cast) that is positive

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    Forecast (Fool - cast) that is positive

    Well as so many here seem to believe in Santa & random forecasts here we go an upbeat one

    https://www.dailymail.co.uk/news/art...-predicts.html

    Britain will avoid a recession this year but it will still feel like one for households struggling with the cost of living, according to a think-tank.

    The National Institute of Economic and Social Research (NIESR) predicted that one in four, or 7 million, UK households would not earn enough to cover all their planned energy and food bills over the coming year as inflation continues to bite.

    Meanwhile middle-income households face a hit of up to £4,000, or 13 per cent, of their personal incomes, it said.
    Always forgive your enemies; nothing annoys them so much.

    #2
    The National Institute of Economic and Social Research (NIESR) predicted that one in four, or 7 million, UK households would not earn enough to cover all their planned energy and food bills over the coming year as inflation continues to bite.
    That's what you call upbeat?
    …Maybe we ain’t that young anymore

    Comment


      #3
      Originally posted by WTFH View Post

      That's what you call upbeat?
      no recession is upbeat according to some, apparently by March we will all be suffering starvation and cannibalism.
      Always forgive your enemies; nothing annoys them so much.

      Comment


        #4
        Originally posted by vetran View Post
        apparently by March we will all be suffering starvation and cannibalism.
        Source?
        …Maybe we ain’t that young anymore

        Comment


          #5
          Originally posted by vetran View Post

          no recession is upbeat according to some, apparently by March we will all be suffering starvation and cannibalism.
          but it doesn't look good

          one in four, or 7 million, UK households would not earn enough to cover all their planned energy and food bills
          I'm alright Jack

          Comment


            #6
            I suppose that the level of the FTSE100, at 7912, reflects a positive corporate earnings expectation, despite the situation for the 7m households.

            I can't help thinking that this optimism is overplayed though.

            Comment


              #7
              Originally posted by Protagoras View Post
              I can't help thinking that this optimism is overplayed though.
              "You’re just a bad memory who doesn’t know when to go away" JR

              Comment


                #8
                apparently by March we will all be suffering starvation and cannibalism.
                Source?
                Did you mean sauce?
                bloggoth

                If everything isn't black and white, I say, 'Why the hell not?'
                John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

                Comment


                  #9
                  Originally posted by vetran View Post
                  Well as so many here seem to believe in Santa & random forecasts here we go an upbeat one

                  https://www.dailymail.co.uk/news/art...-predicts.html
                  Less OAPs are dying of cold this winter because many of them previously died of covid-19.
                  "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

                  Comment


                    #10
                    Originally posted by Paddy View Post

                    Less OAPs are dying of cold this winter because many of them previously died of covid-19.
                    I see a solution - Soylent Green!
                    Always forgive your enemies; nothing annoys them so much.

                    Comment

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