Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
Whatever the “global economy” happened to look like in “their time”, there have always been nations/City States, determined to expand & become overarching dominant mercantilists/capitalists. And each of the FX’in disruptors of the day, knew THEY COULD ONLY trump if their currency gained...
With promising companies either leaving London or deciding not to list here in the first place, this week’s reforms to the UK’s stock market regime could not come soon enough....
The 2022/2023 season will go down as a landmark year in world football. The first World Cup held in the European winter. The attempt to create a European Super League quashed by...
Ask its bulls why they are evangelically in Au of gold, and you will never be short of reasons for being long. They point to it being a class insurance against dollar weakness;...
ederal Reserve Chair Jerome Powell recently testified before Congress on the current state of the US economy. In addition to monetary policy, Powell was questioned...
Price inflation is starting to fall in many countries but it still remains way above the typical 2% target of most major economies. In the UK, inflation has...
I’ve yet to come across anyone who has a better way of describing current monetary policy than Louis Gave from Gavekal. Paraphrasing Louis, ‘the Fed is dynamite fishing,...
Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that...
A nuanced picture for real assets’ demand Demographic trends throughout the eurozone, between member states and within nations, vary markedly. At the macro level, Europe’s...
This short piece focuses on Charts 1 and 2. The first maps the path taken since 1970 by sterling, as measured by a trade-weighted index, this charted alongside UK Consumer Price...