Economics & Markets

As goes January, so goes the rest of the year…

There are many sayings in the financial markets regarding calendar effects. Some say “sell in May and go away”; others…

Inscrutability behind the Great Wall of China

One should always listen to stock markets; they can tell you things. But in the case of Chinese stock markets…

Memo to Mr Osborne: State Spending Is Still out of Control

I’m still at a loss to explain why in a healthy economy our GDP could be growing at between 2…

Danmarks Nationalbank tightens policy… really?

Last week, The Danmarks Nationalbank increased its deposit rate by 10 basis points in a move towards policy normalisation, particularly…

La France dans la merde

During this last trip to France for the New Year something really shocking happened. I was walking through a small…

War on Terror II: Kingdom and Republic on the Brink

Last month on these pages I explained how the Kingdom of Saudi Arabia emerged from the deserts of Arabia in…

Mellon on the Markets

Happy New Year to all you Master Investors out there! The start of the New Year has been good for…

Looking Through a Clear Glass of Gin: 36 Predictions for 2016

We asked Victor Hill for his 2016 predictions and, after a few gins, he came back with this:   All…

Japan needs people, not archery!

We are now celebrating the third year of Abenomics in Japan. After being in a dormant state for more than…

The outlook for 2016

The economy is not the same thing as the stock market and its profits. However, a strong share market with…