A key objective for Labour will be to deepen the role of the State without causing a Liz Truss style panic in UK government bonds. Rachel Reeves, with her BoE experience, looks like a good pick to attempt this. If it fails we have some protection in Bitcoin. If it works houses (a key store of wealth in the UK) remain elevated.

Hard assets are key to a good night’s sleep in clown 🤡 🌍 .