Monday Macro – UK recession, markets are calm again, a hiking cycle primer plus cheap energy stocks

Yet more gloom and doom about a UK recession, plus why market volatility has suddenly died down sharply. Plus a great primer on how to invest in hiking cycles

Incoming recession in the UK

I’ve been wittering away about the threat of a recession for weeks now, especially here in the UK. And now, at long last, the evidence is mounting that it is nearly upon us, sadly. I usually have no time for the Conservative hawks who react with total horror to any suggestion of increased taxes but this time I think they are …