I would take everything your accountant says with a grain of salt in relation to macroeconomic conditions. They might know more than your average Joe but their line of work, whether a tax accountant, auditing or consultant, isn't really aligned to macroeconomic activities (especially tax accountants). My misso was an auditor for one of the Big 4 accounting firms so I can speak from experience.
But yes, I agree with your post. While unemployment is increasing, expected to be 9.5%-10% by years end, the people who are employed will spend there money somewhere. Hence my portfolio is heavily skewed towards BNPL and the likes of Kogan and Temple & Webster which have all done very well recently.
UK launch & Zip biz -Next Month, page-311
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