Serious investment thinking that doesn’t take itself too seriously.
Back in July, I was invited to give a keynote speech at an international conference we hosted in Cambridge. In it, I took the opportunity to look back at Cambridge economics a hundred years ago; 1920s Cambridge economics means Keynes, of course. The 1923 book “A Tract on Monetary Reform” contains...
There may not be many reasons for optimism about the economic outlook, but one is the relative flexibility of the UK labour market. This should help unemployment to fall back and...
(Article originally published Summer 2018) Why agility is key for investors in dealing with new uncertainties Seattle is the only market I’ve ever seen advance from secondary to...
Many landlords, tenants in house-shares and neighbours of anti-social tenants will be filled with despair at the latest news that there may be a three-month extension to the...
Balance sheets show the trade-off between resilience and optimisation % of companies with net cash Source: CLSA, Factset as at 21 April 2020 As we highlighted last month,...
Over just a few months, Covid-19 has disrupted almost every corner of the globe. In the residential market, this has led to transaction numbers drawing to a standstill in many...
Farmers will gain new opportunities from carbon offsetting, which will change how land is used and valued Investors are increasingly familiar with the concept of stranded assets:...
Proptech evangelists would have you believe that emerging digital technologies can and will be applied imminently to any real estate use, in the process resolving all of the...
There aren’t many things capable of uniting hardline climate sceptics and the sort of far-left environmental activists you might find at an Extinction Rebellion rally. However,...
The law has been quick to react to the current health emergency. First of course came the Coronavirus Act 2020, given Royal assent and commencing on 25 March 2020. The Act made...