I took a second coffee next door, made the bed to give the room the appearance of a workplace, and sat down to reflect a while on the state of the world’s markets. The prospect of war had sent the FTSE down a further one per cent. Still in patriotic mood, I assumed an Argie defeat and took a position on a toy and novelty group that made Union Jacks on sticks for people to wave. I also invested in two champagne importers, and bet on a big recovery generally.
