Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
"Whom the Gods Intend to Destroy… They first make mad.” Bitcoin is either the greatest thing ever, or a complete Ponzi. Take your pick. The Shills cite multiple reasons its going ever higher. It looks to be in the speculative mania phase – joining a long and distinguished list of scams that sought...
Originally published May 2023. Of the great many motives for one ‘labouring a point’, despite a backdrop of derision and dismissal, most are far from great. Of these, the most...
Working from Home in the USA. Originally published in May 2023. “I haven’t been back to the office since COVID,” has become a commonplace response among US employees when asked...
“[Wittgenstein] once greeted me with the question: ‘why do people say that it was natural to think that the sun went round the earth rather than that the earth turned on its...
UK commercial real estate (CRE) valuations are languishing at post-COVID lows, amid fears the sector faces “banking covenants being breached” and struggles with regard to...
None can deny whose strong arms made the winning difference in World War II. The same fingerprints can be found on the remnants of the Berlin Wall, and on the Iron Curtain not...
The Bureau of Labor Statistics measures changes in housing costs in ways that change slowly and arrive too late. Studies from the BLS, Federal Reserve Banks and prominent...
Or is the whole financial orchard at risk? In the past two months, four US banks – with combined assets of over $450 billion – have failed. Credit Suisse, the once venerable...
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...