UK growth or recession - Sunday Times says both!

Bloomberg

Reaper wrote: »

I was amused to see in the Sunday Times today the headline article in both the Money and Business sections contradicting each other.

In the Money section the lead article is "What to buy for a market bounce" and tells investors to prepare for a 3rd quarter bounce. It looks worldwide but includes the UK in their upbeat forecast.
They go on to quote somebody recommending buying UK banks, housebuilders and retailers.

Meanwhile the headline in the Business section is "Britain starts shrinking again". The article is gloomy throughout saying the economy is shrinking and they quoting a survey saying 43% of buisnesses will find it difficult to survive if current conditions do not change in the next 12 months.

Don't these financial journalists ever talk to each other? Or a least look at the headlines in their own paper?

An interesting observation. I think that at the moment we are living in artificial conditions. The stock market has been helped by low interest rates, savers have been forced to invest in the stock market in order to try and get an above inflation return on their money. Once rates return to near historically more normal levels the landscape will change markedly.