Can anyone tell me where 2009 has gone? In fact, actually don’t bother as I suspect that like many we will be glad to see the back of another tumultuous year which has seen many dramatic changes.
The positive news is that 2010 looks like it will be a good year, in fact, I am sure of it.
There are many opportunities for all of us as things slowly begin to improve, and whilst I am under no illusions that it will be hard work, the positives are clearly there.
So the silly season seems to have crept up on us and all of a sudden another year has almost flown by. It’s been a funny old year really, tough for most, with a lot of anger and frustration directed at our “leaders”. The Iraq War enquiry is in full swing, strike news abounds, war has been declared on everyone from MP’s and bankers to company directors, (see BA and Consignia for further details), and especially dear old Simon Cowell.
We all know of course that there was never going to be any changes this month in the Bank of England Base Rate, nor in the amount Quantitative Easing, but there are still some interesting forces at play.
There are still some who believe there should be a further cut next year with a further increase in Q.E., whilst others believe that inflationary pressures, especially in commodity prices amongst other things, may mean that we soon see inflation rising faster than expected, which in turn raises the spectre of increased rates quicker than expected! It remains to be seen which group will be shouting “house” first.
At the moment I am sitting in Houston Texas where they have just experienced something extremely unusual, a snowstorm. There were alot of very excited people yesterday taking pictures and the TV dubbed it “Blizzard 2009″ with almost blanket coverage. Today, though things have calmed down and I have been trying to make sense of what the rest of the news is all about.
Talk on the economy has really been dwarfed this week by, of all things, and as our waitress this morning so eloquently put it, by Tiger bloody Woods. Seriously, it is wall to wall coverage now the blizzard is done.
Andrew Montlake, Communications Director at Coreco and ‘Mortgage Personality of the Year 2008’, gives his views — honest and no holds barred — on the latest developments within the mortgage and property markets.A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.
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