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...
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...
Rents have gone up, and they keep going up. This is a boon for the growing BTR/Multi-Family sector in the UK. However, the question is, how far can this really go? Eventually rents must hit a limit where further increases are just not possible.
Inflation is back! Or so the commentariat would have you believe. The Consumer Price Index (CPI) grew 0.6 percent in August, significantly higher than the previous six monthly...
The Housing Act of ‘80 isn’t something many are likely to be overly familiar with. Yet, throughout the ‘80s, it "acted" to polarise public opinion like few other policies; of...
While the overall picture is clearly disinflationary, notably in Asia ex-Japan and US, core inflation is stickier in Europe and Japan. It is a concern that energy prices may have bottomed out and annual comparisons could turn unfavourable later in the year. Labour markets remain very tight and there is little sign of wage deceleration.
After more than two years of high inflation, the Federal Reserve finally has inflation back on target. The Personal Consumption Expenditures Price Index (PCEPI) has grown at a...
The US economy was pushed to extremes during the pandemic recession and subsequent recovery. The unemployment rate peaked at 14.7 percent, the highest in the post-World War II...
If being entirely honest, we’d accept our wish-lists invariably include items that, without some huge leap of wealth, opportunity, or technology, will always remain beyond us....
When Liz Truss and Kwasi Kwarteng’s tax-cutting mini-budget triggered a UK debt crisis in autumn 2022, the pound plummeted to almost parity with the US dollar. In 2023...