There’s been so much in the news that a UK-based economist could be forgiven for fretting over what to write about this weekend. Inflation rose by 2.7pc in May, we learnt last Tuesday, up from 2.4pc the month before. Then there were the recommendations from the G8 summit in Fermanagh.
We’ve also seen policy fireworks across the Atlantic, too. Just a hint from Federal Reserve Chairman Ben Bernanke that the US could soon “taper” its turbo-charged money printing was enough to throw global stock markets into a rout.