The Economist

The biggest beneficiary of rate cuts? Uncle Sam

by Moses Sternstein | Sep 2, 2024

Powell says "enough" and there are some interesting questions about what happens next, but I can think of at least one camp that's very, very happy. Rates go down, and then what?...

The Economist

Did the Bank of England set Britain on the road to ruin?

by Iain Murray | Sep 2, 2024

"The Old Lady of Threadneedle Street” is the affectionate nickname of the Bank of England, as respected an institution as Britain ever had. Calling something as “safe as the Bank...

The Economist

An Open Letter to Rachel Reeves, Chancellor of the Exchequer

by Bill Blain | Aug 5, 2024

At the core of the UK’s many economic problems the new government must address is the unaffordability of housing for the bulk of UK workers.

The Economist

The calm before the storm

by Alfonso Peccatiello | Jul 29, 2024

The S&P500 realized volatility is below 10%.
Credit spreads are super tight, and aside from some short-lived European political drama markets keep marching higher. Yet, I think macro volatility is coming back.

The Economist

The end of restaurants as we know them?

by Peter C. Earle | Jul 15, 2024

Since the start of 2024, numerous well-known restaurant chains have announced sizable closures and incrementally more drastic restructuring efforts. TGI Fridays has closed...

The Economist

Some UK political economic science

by Savvas Savouri | Jun 25, 2024

Housing and Taxation: The self over all others Whilst taxes levied on UK residential property are never out of season for the "water cooler conversation", the discussion is...

The Economist

Banks are playing it safe, sort of

by Moses Sternstein | Jun 24, 2024

In today’s dispatch: banks are lending lessbanks are also generating less revenue, and NIM continues to slide (for now)are Zombie banks good?bank exposure to non-bank lending is...

The Economist

The risk of rising CRE losses

by Bill Blain | Jun 17, 2024

Many, too many, have stood where I stand. Many more will stand here too. The markets have been casting a wary eye on rising CRE losses – figuring these may trigger a renewed bout...

The Economist

The dollar and its domestic enemies

by Peter C. Earle | Jun 17, 2024

Upping the ante following the initial weaponization of the dollar in 2022, the United States and a number of allied nations have agreed in principle to...