Monday Macro: Prospects for the UK

A spin through the state of play in the UK economy in lots of charts, plus a closer look at how cheap the UK market really is!

Today, we’re going to try to make sense of the UK economy and that other dreary beast, the UK stock market. The natural tendency of many UK investors, myself included, is to complain about the state of both, with good reason over the last few years. There are lots of reasons for that general sense of gloom and doom in the UK, but I think the chart below…