The Trump recession

President Trump has a reputation as a pro-growth president. But when pro-growth Reagan entered office the economy fell into a recession. The stock market fell too, reaching its lowest valuation for decades. Might history repeat?

Going for growth: creative destruction in the 21st century

Chancellor of the Exchequer Rachel Reeves says she wants to get growth going. She should do as Schumpeter says and Argentine President Milei does.

Will we ever be able to trust China?

DeepSeek’s release and the tanking of the US market gave us food for thought this week, plus John Butler weighed in on ratios and stagflation – and what investors need to know…