Louise Cooper CFA ....and government spending

After that huge US GDP figure Bill Ackman is forecasting US recession from 4Q…. US car loan data may suggest he’s right.

A reminder from the @ft how countries become uninvestable.

Private equity - the industry that made itself rich in the back of ultra cheap debt post GFC.

Damage done by 15 years of ZIRP and QE now being seen as rates normalise. Inflated asset values and normal rates ensures housing rental costs explode.

Companies with more gender balanced boards perform better. D&I policies need to include socio economic diversity as well. Most ignore it.

A reminder.

Wish I could be there.. ⁦⁦Republic⁩ but I’m working.

Enjoying the view, Charles? #NotMyKing #AbolishTheMonarchy

Millennials bear the brunt of normalisation of int rates.

Law & order has to return to being a government priority. Not words, money.

⁦Institute for Fiscal Studies⁩ analysis of budget superb as ever.

⁦Institute for Fiscal Studies⁩ Given budget cuts to policing and resultant increase in crime (just ask retailers), I would prefer more money to jet public services rather than a minimal tax cut.

Article on @ft about Thames Water. Spot the line which explains why regulation fails. Those who work at regulators get far too close to the companies they regulate and then jump ship to the far far better paid jobs in the regulated companies. Depressing.

Spotify to axe 1,500 workers to cut costs Maybe if a Spotify Exec hadn’t paid Harry and Meghan $25mn, 1500 might still have a job. bbc.co.uk/news/business-…

This is NOT news. It is positive publicity for the Royal Family by the BBC (supposedly impartial news).

Wow. Major credit ratings agency turns to a “negative outlook” on China and it fears Chinese government will raid their offices in retaliation. China is becoming uninvestable fast (if not already).

Depressing data. Over half young home buyers use Bank of Mum and Dad. Average help £25k. And if your parents live in rented accommodation, you have only 22% chance of owning your own home before 39. GFC and resultant QE and ZIRP damaging to social mobility.

🚨🚨 BREAKING NEWS: We've just delivered Charles the Prince Andrew-Jeffrey Epstein Files. Today we went to Sandringham, where we delivered the files to Charles, demanding that he read them and make a statement on these allegations. #NotMyKing #AbolishTheMonarchy #Epstein

The government agrees with us, that the Duchies are Crown property. It's appalling that they allow the Duchies to trade as private entities for private profit while avoiding corporation tax. assets.publishing.service.gov.uk/media/64b954a5…