Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
Comparing economies is an inexact science. Comparing the size of countries’ economies is a popular sport, and a lot of people are very invested in the outcomes of those comparisons. For example, I see a lot of people passing around charts like this one, claiming to show that China’s economy...
It is one of the most “identified” structural failings of the UK economy. A shortcoming, we are told, that lies at the core of why the UK will see no growth next year, and indeed...
The Federal Open Market Committee (FOMC) voted to hold their federal funds rate target in the 5.25 to 5.5 percent range on Tuesday. The move was widely expected, with financial...
The Economic Affairs Committee of the House of Lords has produced its report on the Bank of England. Correctly, it is critical of the Bank, but it could have been much more so....
If asked to separate forecasting consistency from obstinacy, my reply is categorical. Consistency is sticking to an economic prediction based on fundamentals; an outlook one must...
On 10 March 2023, Silicon Valley Bank failed, triggering fears of a new financial crisis. Over the next three weeks, US bank share prices fell by 14% and regional banks fared...
About ten years ago, the average residential rent in the UK was about £750/month, today it’s closer to £1,300 which is a 5.6% CAGR.
Despite the recovery of energy prices and its reflection in transport inflation, there remains a net disinflationary bias among advanced economies as core inflation rates drift lower.
The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented...
Now, I find myself having endless chats on internships, which I am told as line items on CVs, pay generous dividends. Meetings start by me asking the aspirant intern their...