In 1604, the English judge Sir Edward Coke declared that “the house of everyone is to him as his Castle and Fortress.” The intervening years turned the saying to “and Englishman’s home is his castle.” With apologies to the Scots, Irish and Welsh, it is perhaps not surprising that the widespread...
zLead Article
LATEST ARTICLES
The Professor
Collateralised loan obligations
Why these obscure products could cause the next global financial crisis. At the heart of the global financial crisis of 2007-09 was an obscure credit derivative...
The Fund Manager
Da scheppert nix (Nothing rattles there)…
… was a famous quote of appreciation attributed to Martin Winterkorn, Volkswagen's former CEO, when closing the door of a KIA sedan at a car exhibition a few years ago. While Mr...
The Professor
Hating landlords misplaces the blame
“No wonder people f—–g hate landlords.” That was what comedian Andy Richter tweeted (since deleted). What caused that reaction? A landlord wanted six month's advance rent on an...
The Economist
If the Bank of England does not raise interest-rates in response to 4% inflation, when will it?
This morning has seen something of a different event, but it has given us an insight into the thoughts of the Bank of England. This is because QuickBooks arranged an 'Ask the...
The Professor
Remembering the truly forgotten, 20 years later
There’s a faded silver cup on my bookshelf. If you look closely at it, a faded imprint reads 'eSpeed: We Are Markets'. I received it at a securities industry trade show in the...
The Professor
China is on course to build the best cars in the world
Europeans and other Western nations have dominated automotive excellence for over a century. Whether it's the satisfying thud of the door closing on a Volkswagen from Wolfsburg...
The Professor
What can we lose to China by isolating Afghanistan?
In July, CNN reported that the Chinese hosted a formal Taliban envoy in Tianjin, demonstrating the CCP’s intentions to pursue greater engagement with the region on its western...
The Fund Manager
Climate rollercoasters and Southern Africa’s double whammy
“Rain does not fall on one roof alone.” (African proverb) Albeit debating the reasons along ideological lines, the world is getting to grips that climate change is an undeniable...
The Professor
Hurricane Ida threatens global plastic markets
(By the time this article is published, Hurricane Ida will have made landfall and the aftermath will be already under assessment. One hopes, as always, that the damage is minimal...