Economics & Markets

How will the markets respond if Trump’s authority flags further?

Is the Trump Bump over? President Trump’s Washington is paralysed. It has proven impossible to repeal Obamacare and to replace…

Climate change: Future-oriented investors need to get on-trend

Climate change is a reality. The glaciers are melting and the sea is getting hotter – with intractable consequences like rising…

Thucydides, Spreadsheet Phil and the coming Crash

An imminent stock market crash is more likely than investors might suppose. My recurrent nightmare this summer, partially informed by…

The Macron Miasma

How does a spendthrift state which consumes nearly 57 percent of its GDP change its ways? How does a regulated,…

The wisdom in books

“If I wanted to become a tramp, I would seek information and advice from the most successful tramp I could…

Can we make money out of renewables?

Thanks to action on climate change at international level, renewable energy (electricity generation by means of solar panels, wind power,…

Austerity – or Catastrophe…?

The minority UK Conservative government is under pressure to loosen the fiscal purse strings. Does that mean the dream of…

At the court of the Emperor Emmanuel

What does the composition of President Macron’s post-election government tell us about France’s likely reform programme? Were the four early…

Mellon on the Markets: The times they are a changin’

I was recently invited to a Conservative Party lunch hosted by the City and Westminster Tory Association. It was a…

How worried should investors be of a ‘crash’ Brexit?

The FTSE-100 has been gliding around the stratospheric 7,500 level. So everything must be alright, then? Not necessarily. The FTSE-100…