The market ice age that’s upon us can be dealt with. Yes, its a tall order but we can do that. But there is a real little Ice Age upon us, one where the temperature drops and we can start to feel that already. Early spring this year was one of the coldest I can remember. The Solar Minimum is upon us. I will love to see those protesters of Extinction Rebellion together with all the other alarmists roam the streets and freeze their behinds off. People won’t be interested – they will have real problems to deal with. Like COVID now.
Even before the appearance of COVID-19 a little ice age was sneaking up on the market (as I wrote two years ago), marked by a painful slow-motion drop in valuations.