11 October 2019 Understandably, perhaps, Brexit fatigue is widespread. However, the issues at stake are far too important to allow the outcome to be decided simply because of weariness. Not only are the economic implications significant, but the result will define the relationship between the UK executive government, the Parliament, the courts, and the electorate … Continue reading UK Sterling: Pounded! What’s Next?
12 July 2019 Global equity markets are at (or approaching) all-time highs. What's not to like? In particular, the US market has been buoyed by the Sino-US trade truce achieved at the Tokyo G20 meeting, the prospect of Federal Reserve interest rate cuts, and solid employment gains. Indeed, our year-end 2019 S&P 500 target of … Continue reading Avoiding the Potholes Ahead
16 December 2018 Following the Brexit debate often reminds me of cartoon characters who, prior to proceeding to their destination, frantically spin their wheels without actually moving. Such has been the case for much of 2018. After the Parliamentary drama of the past few weeks, however, issues have become clearer and options have narrowed. In … Continue reading No Deal Brexit: Project Fear or Simple Facts?
20 November 2017 I returned recently from Kilkenny, Ireland where I attended Kilkenomics – an engaging mix of global finance and comedy sponsored by the FT and hosted by the irrepressible David MacWilliams. I often found myself thinking only the Irish could pull off this unlikely mix, but then I look at Twitter, and am … Continue reading Ireland:Tiger Tamed, But No Longer a PIIGS