Reasons to be Cheerful Part 2020 ?

In his brilliant 1979 lyrics, Ian Drury gave some pretty good Reasons to be Cheerful

“Summer, Buddy Holly, the working folly – Good golly Miss Molly – and boats Hammersmith Palais, the Bolshoi Ballet – Jump back in the alley and nanny goats Eighteen wheeler Scammells, Dominica camels – All other mammals plus equal votes Seeing Piccadilly, Fanny Smith and Willie being rather silly and porridge oats
A bit of grin and bear it, a bit of come and share it – You’re welcome we can spare it”

It does feel that there is very good reason to be optimistic politically at the start of 2020. A new Prime Minister with a powerful majority apparently about to flash the chequebook, a new Speaker, a new Chairman of the Bank of England…

Here’s a great piece from Matthew Lynn in The Spectator on why 2020 will be the year the UK market outperforms the world: