Do Stockopedia readers have a personal view on the outlook for the UK economy at the moment? I appreciate it's all educated guesswork but it's obviously important for considering what to do with one's portfolio.

For me there are some contradictory signals. E.g. Safestyle UK (LON:SFE) recent update made me nervous that we're on the verge of a recession if a big ticket item like double-glazing has seen a big slump (I consider Safestyle UK (LON:SFE) a well-run company so don't consider it a company specific problem). Recent figures also suggested the construction industry has slumped in August albeit only compared with activity over the last 12 months. On the other hand yesterday Next (LON:NXT) seemed to be a bit more relaxed about the near-term outlook for its business. Has anyone seen any other interesting comments from recent RNS'? The rising £ may also complicate matters.

I'm currently leaning towards a possible near-term recession albeit nowhere near as bad as the last one. I'm therefore tending to stay away from anything too cyclical and have been moving more and more of my positions into cash.

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