The world is taking economic growth for granted. There have been very few periods of sustained decline in living standards. But we may be on the cusp of one for two reasons.
The UK economy has a secret weapon. Our currency bobs up and down to keep the ship on an even keel. But investors need to remember how this impacts them.
For all the bluster, showmanship and election analysis, this is the first election that didn’t really matter. But not for the reasons the media is pointing out.
A new theory is spreading amongst the elites who control the levers of economic power. It will guide them to make some shocking policy decisions in coming years.
Politicians promise they won’t raise taxes. It makes me laugh. And then cry. Because I know there are at least four ways to increase taxation without increasing taxes.
It’s not always clear who benefits from technological breakthroughs or economic trends. And yet, that’s precisely what investors need to figure out. Where does the buck stop for wind energy?
Elections have upended the French bond market. Does this mark the beginning of another debt crisis? Are we in for another decade of government bond instability roiling stocks every few years?