Boom times are here again

MoneyWeek magazine cover illustrationWhy so gloomy? Understand the business cycle and you’ll see we’re just at the start of the next big boom, say Akhil Patel and Phil Anderson.

In October 2008, the month after Lehman Brothers collapsed, Phil Anderson wrote about the key role that land prices play in the economic cycle for MoneyWeek.

Markets were in a panic. That month, the Vix (the market volatility gauge known as the ‘fear index’) peaked at 96.4 – that’s twice the level seen in the wake [...]

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