The economy is reflecting the state of chaos in the government.
Real and nominal wage growth is declining again:
Retail sales growth is unsurprisingly depressed.
The pound has fallen below $1.30 this morning.
Beyond the UK, the Fed is having problems making the idea of interest rate rises stick.
They're just a banking fantasist's pipe dream here.
And the FTSE 100 sales on at near record highs:
The markets are trying to ignore reality.
Reality is biting back.
And its message is deeply uncomfortable. I do not see that changing. And sometime the markets will note.