Great businesses at bargain prices…Especially in manufacturing…Take a look at this quality going cheap…Back from holiday I trawl through ten days of company announcements, to find that one of my supposedly long-term relationships may soon become no more than a quick affair.

The UK recession will be much worse than most people yet expect, it’s still somewhat controversial to even say that there will be a recession, which means that stocks aren’t yet pricing it in sufficiently.

What’s the difference between a boom and a bubble? Can we expect every booming market to someday burst and envelope anyone short-sighted enough to hang around?