What the theory says about the January Effect
We are now approaching the Christmas season during which people prepare to take a small holiday and to make a…
8 years ago
Economics & Markets
Government finances – the mint with the hole
Five days before Mr Osborne gave his Autumn Statement the UK Government released its latest borrowing figures. They should have…
8 years ago
War on Terror II: How the Markets will Respond
Tomorrow (Wednesday, 02 December 2015) the United Kingdom, barring some unforeseen upset, will formally enter War on Terror II. Given…
8 years ago
Emerging markets are the victims of central banks
After more than a decade of easy money, the emerging world is nearing a downturn (if not a collapse), as…
8 years ago
Mellon on the Markets
As I write this, I am on a working Norwegian ferry, hugging the coast between Bergen half way up and…
8 years ago
Mr Osborne’s Conjuring Trick
Back in July I wrote a piece on Mr Osborne’s budget (Mr Osborne’s Brave New World) in which I praised…
8 years ago
The Pantomime Season and the Chancellor’s Autumn Statement
It is delightful that Her Majesty’s Government has arranged its communication of fiscal policy to serve also as a means…
8 years ago
Switzerland is a testing ground for negative interest rates
The epic experiment with negative rates continues to unfold, as central banks are unable to boost consumer inflation with the…
8 years ago
War on Terror II: End of Days
Wednesday’s headline in The Sun was a classic: SHOT DOWN…AND WORLD HOLDS BREATH. I love The Sun. For its honesty,…
8 years ago
Stocks Vs Bonds – Which Asset Class is Riskier?
The debate about risk lies too much around CAPM, standard deviation, beta and a few other concepts that are rarely…
8 years ago