Small Cap Value Report (Weds 24 June 2020) - placeholder
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Good morning, it's Paul here with the SCVR for Weds. Estimated timings - TBC. I'll probably say 1pm, but will actually be finished by about 4pm. That's what usually happens. Copying content onto advfn - please could subscribers here refrain from copying stuff from here onto advfn? The SCVRs were free for about 6 years, but are now behind the paywall. It's not fair to other subscribers, who are paying to have access to these articles. Many thanks. . Quantitative Easing I should emphasise that I'm not an expert in economics. I studied economics at O-Level, A-level, and as part of my Degree, so have a reasonable general understanding only. The press have recently been publishing often alarmist articles about the explosion in UK Govt debt. This is unfortunate, because the large annual deficits incurred after the 2008-9 financial crisis had been gradually reduced, until almost eliminated. Then covid struck, and we're not just back to square one, we're now in a far worse position of over-spending. The unprecedented measures taken to keep the economy afloat during lockdown have been vastly costly - e.g. this article from the OBR (Office for Budget Responsibility) shows how...