Part 2 Premiere: Tuesday 30th June 2020 (8pm)

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Jun 292020
 

Re-Run of the Great Depression? (YouTube Premiere)

The premiere of Part 2 of Mick’s research, “Can we learn from history?” will be broadcast on Youtube at 8pm Tuesday 30th June 2020.

You’ll find the Watchpage for the broadcast HERE!

You can set a reminder by pressing the button on the bottom left hand side, as shown on the screenshot below…

Youtube Watch Page (Part 2)

 

 

 

Can we learn from history? [Part 1: 29th June 2020]

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Jun 292020
 

Can we learn from history? [29th June 2020]

In Part 1 of this original piece of research, Mick Pavey sets the context for his comparison of the stock market crash (Spring 2020) with the 1929 crash and the subsequent ‘Great Depression’.

Part 2, covering the analysis and revealing some previously unreported similarities, will follow shortly…

As ever, please do your own research (DYOR) and make up your own minds accordingly.

If you have any comments or observations, regarding the above, then please use the contact us form Here.

Mick (29th June 2020)

Coordinated Central Bank Intervention! (15th March 2020)

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Mar 152020
 

Coordinated Intervention in Markets

This evening, Sunday 15th March 2020, five central banks across the World took coordinated action… see the BBC report below!

I’ll be setting up an interim webinar for Inner Circle members to discuss the ongoing situation, so watch out for an e-mail with registration details tomorrow morning.

Mick (Sunday 15th March 2020, 22:45 GMT)

Interest Rate : Emergency Cut (11th March 2020)

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Mar 112020
 

Bank of England Cuts Interest Rate by 0.5%

At 7am this morning, in a response to the economic impacts of the Coronavirus, the Bank of England Monetary Policy Committee (MPC) has cut interest the BoE interest rate by 0.5% (from 0.75 to 0.25%) matching the record low level that was set in August 2016 (and lasted until November 2017). Mark Carney, the outgoing BoE Governor sets out the MPC’s reasons in the BBC presentation (below)…

Mick’s Thoughts

Even before the Coronavirus came along, there were stress signs beginning to emerge in the economy and the stock market had been on a record bull run. Covid-19 has provided the ‘supply shock’ that has pricked the economic bubble – that has been continually pumped up by the endless printing of new money. IMHO, there could be a lot of shrinking to do. Using this interest rate ‘weapon’ now and no doubt, with the spending spree shortly to be announced in the budget… inflation will likely become an increasing threat. If the virus does have anything more than a short-term affect on output, contributing to loss of confidence and ultimately a (possible global) recession and an increase in unemployment, could we end up with a bad dose of ‘Stagflation’?

As ever, please do your own research (DYOR) and make up your own minds accordingly.

If you have any comments or observations, regarding the above, then please use the contact us form Here.

Mick (11th March 2020)