Originally posted by vetran
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Reply to: Forecast (Fool - cast) that is positive
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Previously on "Forecast (Fool - cast) that is positive"
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Originally posted by vetran View PostWell 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
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apparently by March we will all be suffering starvation and cannibalism.
Source?
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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.
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Originally posted by vetran View Post
no recession is upbeat according to some, apparently by March we will all be suffering starvation and cannibalism.
one in four, or 7 million, UK households would not earn enough to cover all their planned energy and food bills
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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.
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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.Tags: None
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