The other night I watched the excellent “Wonders of The Universe” with Prof. Brian Cox, (the thinking woman’s crumpet), and learnt a new term that I thought was apt; Entropy.
This is especially important, as I am sure you all know, in the 2nd Law of Thermodynamics that crudely speaking suggests that time moves on in one direction and change is inevitable. These processes reduce the state of order of the initial systems, and therefore entropy is an expression of disorder or randomness.
This week is a big week for both the Governments Economic Policy and the Bank of England.
Whilst Cameron & Clegg large it up in Davos, (nice Swiss Ski Resort), meeting top bankers and world leaders to discuss growth, lending and bonuses at the World Economic Forum, the latest GDP figures on the UK’s economic growth are released tomorrow followed by Bank of England Governor Mervyn Kings’ first speech of the year.
In the meantime there is a new Shadow Chancellor waiting in the wings keener to attack than Karen Brady smiling smugly at Football “pundits” Keys and Gray with that “I told you so” look on her face.
We have Bloomberg news on in our office, as obviously we like to keep up to date with the latest financial news, (or is it because it is one of only 3 channels we can access? – you decide), but it is very informative. The other day an excited American boomed, “this is not just green shoots we are seeing here, but real flower buds now!”.
It was said with such an air of confidence that you could not help yourself but be carried away on a euphoric wave of good feeling – hell, I almost pledged my allegiance to the American flag, (though I didn’t).
Andrew Montlake, Director and Spokesperson for Coreco, gives his honest and forthright views on the mortgage market, economy and all things property related. Monty was voted "Mortgage Personality of the year 2008" and is the current holder of the British Mortgage Awards "Best Press Spokesperson" title. Expect expert analysis, delivered in a down to earth style with a side helping of exuberance.
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