The Other Hand
The Other Hand
End of the reflation trade? The mysterious NPHET opposition to antigen testing. Cracks in Boris Johnson's wall.
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End of the reflation trade? The mysterious NPHET opposition to antigen testing. Cracks in Boris Johnson's wall.

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Markets decided weeks ago that the inflation scare is temporary. Now they are doubling down with a bet that the ‘relation trade’ is over: that means big reversals in bonds, commodities and much else besides. Signal or noise?

There is far too much muddled thinking on antigen testing. It’s a useful addition to the toolkit. Why NPHET is so opposed is a mystery

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A UK by election reveals that southerners with degrees, jobs and a garden don’t like being trashed on a daily basis by Johnson’s culture war mercenaries.

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