News: 25 July 2022
One thinks of a first time holiday-maker trying to steer a canal boat: having veered towards one bank of the canal, the natural reflex is to over-correct and drive straight into the other.
News: 18 July 2022
News: 11 July 2022
News: 04 July 2022
Why is it not compulsory for every new build to have solar panels? It is because we, and almost every other country, actually do not take climate change seriously.
News: 27 June 2022
The root of double-digit inflation is not what has happened over the past three or four months. What we are seeing, in gardening terms, are the leaves, the fruits and the flowers of plants sowed long ago.
News: 20 June 2022
Inflation will come, and it will go. Interest rates will rise, and they will fall again. Prime ministers and presidents will be here today and, if I may say so, gone tomorrow (to borrow Robin Day’s wonderful expression). All the time, though, the world will keep warming.
News: 13 June 2022
Mrs Johnson’s lip-read commentary on the Jubilee Pageant is a slightly far-fetched illustration of why it is likely that we have yet to see the worst of current markets. Nonetheless, it is still a relevant encapsulation of why equity markets are still falling.
News: 06 June 2022
The markets are of the view that the euro may be due a spot of form. The dollar has already soared, while there are queues of scribes proclaiming the ills of sterling. If no more than the need to try to do something different, the euro is becoming the currency of the moment.
News: 30 May 2022
Equity markets enjoyed a much better time of things last week. It was overdue. The American markets had fallen for seven consecutive weeks and a bounce of some sorts was in the offing.
News: 23 May 2022
This tells us a great deal about the composition of indices and very little about the wider performance of equities. Equity indices are typically weighted according to the size of their components: the largest companies make the greatest contribution to the performance of the index.
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