Serious investment thinking that doesn’t take itself too seriously.
Leading economists share their thoughts on money, rates and prices
In the wake of Trump’s return to Executive office we have witnessed "financials" record sizeable moves. These have involved super-charging trends seen ahead of the frenzied electioneering and, in some cases, reversing what had come before; with markets for debt, equity and currency - in its formal...
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...
Insights into how financial contagion changed how central banks react during a crisis. This year’s Nobel prize in economics, known as the Sveriges Riksbank Prize in Economic...
Once upon a time there was… Well, an Old World which two-thirds of the UK population – those not into their mid-50s – will fail to comprehend and could not possibly want to live...