Three weeks ago I last wrote here, in a blithely optimistic tone
No posts last week between some mix of the war news (including related economics and financial markets news) being more interesting, and Covid – in our house that is. Not being too sick, but not being entirely well either I wasn’t concentrating very hard for very long. Fortunately, the isolation is now half over and no one’s health is particularly concerning. So back to some domestic economics and policy.
When our isolation began I’d picked off the bookshelves the first of the six of Anthony Trollope’s Palliser novels. Having been on the shelves for almost 20 years it seemed like a good opportunity to make a start on the series.
Unfortunately, although the whole family got Covid to one degree or other and all of them recovered fully, I – quite a bit the oldest, and perhaps previously prone to slow recoveries – did not.
And this morning I’ve just finished the last of the six Palliser novels (an enjoyable read if, perhaps, not as good as his Barsetshire novels).
As those who follow me on Twitter will know, it is not as if I have lost all interest in economic policy etc, but have just lost the ability to concentrate on anything more taxing than Trollope for more than perhaps 10 minutes without feeling really quite unwell and needing to lie down. Reading one 8 page memo bright and early yesterday morning completely did me in for the day.
There are many people much less well positioned than I am (including that I have an ample supply of novels etc on the shelves), so this is really just an advisory that it seems likely to be a few weeks at least before there are any other posts here. Which is a shame, as interesting issues abound (should, for example, the MPC consider a 75 or even a 100 basis point increase in the OCR next month?), but for now it is the way things are.