**BUDGET DAY - Could this be the biggest shift in a generation?**

It's Budget day today 🦄s!

I think today will be a big day - and could perhaps change the trajectory of many things so I'm going to be studying all of the announcements in detail.

The markets are nervous and I'd say there is a chance of a bad reaction depending how this is framed which could lead to a "mini-budget 2.0" moment.

On the flip side - is it possible Reeves has been extremely clever with tactical leaks to drive short-term actions with the purpose of raising immediate revenue (e.g. a load more capital tax gains take from landlords panic selling) but then will deliver a much softer budget which is taken extremely positively due to everyone's very low expectations...

I'm leaning to the former as feel there is a very definite class warfare element at play here and a far-left ideology emerging from the government (which I believe always fails in reality) - but want to stay objective rather than politically biased and so will wait and see.

I'm feeling in a positive frame of mind this morning and see it as a win/win situation for savvy property entrepreneurs.

Any poor reaction to the budget is going to lead to short-term blood on the streets and buying opportunities like we saw post mini-budget. One of my best deals ever was bought directly after the mini-budget and was directly related to the swap rate spike and lack of buyers. The only downside in this scenario is weathering the short-term storm on your own assets, especially if you're on variable-rate debt.

If it's a softer budget, with a real path to growth, then expect interest rates to come down sooner which will lead to longer-term price rises and more income for assets held - but will of course reduce the time period of the current accumulation phase we're in right now.

What's your thoughts?

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**BUDGET DAY - Could this be the biggest shift in a generation?**