Dear David, 
Thank you for posting this and other articles from the Telegraph, which are always informative. I particularly enjoy reading A E-P. He has a breadth and depth of experience that is quite unique among UK journalists and he never fails to be dramatic. I remember 2008 when A E-P was calling for a financial crash, and few others agreed. I don't know whether he acted on it and made any money. I rather doubt it. 
One thing I bear in mind (with all newspaper articles) is that journalists are not investors - and if they were successful investors they would not be journalists!
Your views on markets have more gravitas than any journalist.

David Fuller's view

Thanks for your email and I feel similarly about A E-P.  He is erudite; I enjoy the classical and international references; he is extremely well informed and in my opinion, the most interesting writer in the financial industry.  I too remember A E-P's analysis in 2008 and he was brilliant.

I think you are right about journalists having sensible restraints on trading various instruments, although I hope they can invest in funds.  This article from Business Insider - The Insane Difference In The Rules For Journalists And SEC Employees When It Comes To Trading Stocks, is informative:  I thank you for saying that my views on markets have gravitas, but in this industry we need to remember that we are only as good as our last call / trade / investment.