Crude financial instruments dominate the headlines, but it’s metrics like grain price and inequality ratio that really reflect the world we live in
‘Carbon dioxide in the atmosphere goes up every year. If this carries on for another couple of decades, people won’t be inspecting their portfolios – they’ll be foraging in the woods.’ Photograph: Kevin Frayer/Getty Images
Here are the week’s leading indicators.
- The Dow Jones industrial average topped 20,000 points for the first time.
- British GDP grew 0.6% in the final quarter of 2016.
- The FTSE 100 and Germany’s DAX 30 persisted close to record highs, while US GDP softened slightly.
As a human being, I’m increasingly alarmed that these are just irrelevant numbers that have little or no bearing on how well we are really doing.