Economics & Markets

Mellon on the Markets: On the road again

Well, I’m on the road again. This time, I’m travelling around the US, in part researching for the new book,…

What does the decline in correlations among asset classes mean?

One of the worst enemies of a serious long-term investor is a high level of correlation. The main reason for…

Hopes and fears for 2017

James Faulkner interviews Chris Darbyshire, Chief Investment Officer at Seven Investment Management. James Faulkner: Hi Chris. Thanks for taking the…

Oil majors consider their future

A vertebra in the spinal column of the world economy is causing pain. As I write the price of Brent…

There is too much optimism in oil markets

While acknowledging the ‘Trump pump’ to the oil industry, I have always been sceptical about the long-term prospects for the…

Warning: Central banks to launch digital currencies…

The Illuminati are plotting… One of the themes I have returned to again and again over the last eighteen months…

Diversifying through sports betting

While an investor tries to maximise the expected returns of his portfolio, he always faces a formidable enemy – risk.…

The New Big Idea – the Universal Basic Income

Suddenly, the idea that all citizens should be paid a basic income by the state is becoming topical across the…

The risks are piling up in 2017

2017 has only just begun, but it is already filled with a long queue of risky upcoming events, of which…

America’s forthcoming trade wars with China – and Germany

The Year of the Fire Rooster My Chinese friends tell me that the auguries of the Chinese New Year are…