Just for context, as I'm not advocating any particular support for the government's economical approach or the opposite here but for years, even when a BOE employee/Committee member, Danny Blanchflower has been a consistent, large 'Dove' and ...

Danny Blanchflower Criticizes Truss and Says ‘Short the Pound’

The EU or NATO are not a threat to Russia. Indirectly they ARE a threat to the demise of the Russian political apparatchik, only because the Russian People will have their noses pressed against the glass admiring the political freedoms and inward ...

Kremlin: Ukraine’s ambitions to join NATO remain a threat to our country

Even many hours after the news confirmed her passing, I can't really find the right words to express my gratitude for her service, duty, steadfastness, humanity and moral compass nor the sadness that her ever-presence has ended. There have been some ...

Britain's Royal Family: The Queen died peacefully at Balmoral this afternoon

Nope, I'm not entering into old debates nor condoning the insinuation that the EU was the best part of UK Politics nor that all UK Governments were, or always will be, completely hopeless. Nor was it a statement about a justification for Brexit, ...

UK: New order growth slows to weakest since June 2020

No offence taken. It was not a primary consideration nor a naive one but an observation about unintended consequences. If I had the means, which I don't, I'd ban any aspiring politician from putting themselves up for election until they're aged 40yo ...

UK: New order growth slows to weakest since June 2020

Like QE, a Windfall Tax would not remain unprecedented and it would not be without consequences, intended or unintended. Once used the politicians will not be able to stop feeding at the same trough for any or the next short-term panic. To some ...

UK's PM Truss: I am against a windfall tax, it is wrong to be putting companies off investing

Good. We need new blood. One of my theories about Brexit was that it might bring about a better form of politician, in time, a couple of parliaments maybe, as the crutch of blaming the EU would be removed.

UK: New order growth slows to weakest since June 2020

As I have next to no idea as to what her real ideology, strategy or policies would be even in an ideal world, I'd prefer to withhold judgement until we see actual policies implemented and results assessed. I suspect that in an ideal world she'd ...

UK: New order growth slows to weakest since June 2020

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Powell: Monetary Policy and Price Stability

You make some good points and clearly pay attention to the data, particularly in terms of sectors of migration and asylum-seekers. I didn't say 'lowly' paid, but 'lower', in relative terms to your original assertion that the migration was ...

Hong Kong’s Exodus Shrinks Workforce in Threat to Financial-Hub Status

The choice of a Financial Executive as an example may not be so clever when wanting to demonstrate the 'stampede' and it might imply what you conclude BUT she's leaving without a job to go to and the vast proportion of the leavers are all young and ...

Hong Kong’s Exodus Shrinks Workforce in Threat to Financial-Hub Status

A few people getting carried away, methinks. This is a second guesstimate of an already known figure. This is an 'adjustment' which still retains the direction of travel. If you want to get carried away about the 'odd' tenth of a percentile then be ...

Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), Second Quarter...

I see a cat or two and a flock of pigeons.

Faster fall in US private sector output amid weak client demand

Yes. I was merely emphasising that the ability of (economic) forecasters is suspect for what'll happen tomorrow, never mind predicting a tenth of a percentile at a specific time. In investing it's a well-hacked adage that being able to predict an ...

‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar

Whilst not unexpected and all the reasons are obvious it's still quite a thing to see it in blalck-and-white. Who'd have thought, before this year, that 36% increases were possible in Germany, of all places. Just saying, that's all. As if the ...

Producer prices July 2022: +37.2% compared to July 2021

ONLY 13.3%, in October? I'd have been worried if they'd calculated a future 13.4%!

‘You’ve got to eat’: Energy bills are squeezing businesses and people as UK costs soar

Unlike some articles on a faltering China, which arise from some quarters because they want that narrative to be true, this article seems to be reasoned and balanced. Worth the read.

Why China's economy is in trouble and what it means for you

Remember the context of the USD still being seen as the primary reserve currency. Good news in USA or bad news elsewhere tends to strengthen USD. If bad news in USA, there's panic and a run to the reserve currencies which can also include a ...

August 2022 Manufacturing Business Outlook Survey

Re statistics, hmm, maybe, but that may only account for the odd tenth of a percentile. I think the issue(s) is/are more deep-rooted than that. I can't agree with you on the CB-Banks relationship. It doesn't matter whether it's banks, de-fi, ...

Consumer price inflation, UK: July 2022

Yes, agree with those comments. the energy Q becomes a lot more perplexing when one considers Japan. It has always imported its energy and yet, even after decades, it can't create inflation even with considerable and persistent stimulus from the ...

Consumer price inflation, UK: July 2022