Searching for explanation where it really matters
Like a scene from the hit movie “Gone Girl”, PM May has been found to have been a political walking corpse all along. And Now she’s been “found”, what’s in store for the Brexit fiasco? Well having been handed her real P45 by her party ( remember when the prankster handed her a prank P45?) …
Wondering why sterling is plummeting ? Well In cricket, that game only the English, and her ex-empire play, its courtesy to applaud a batsman upon reaching 50 runs in an innings. So is the pound applauding that achievement today ? Have those who are battering PM May, got to the important milestone of 48 letters, (required …
Continue reading "Brexit – Isn’t it cricket to applaud the half century?"
Brexit - The breakfast of commentators - never stops throwing up new twists and turns. As we’ve discussed here and here, the proposed “Withdrawl agreement” is unworkable and either PM May pulls it in an attempt to survive, or it is voted down. We’re reminded of that urban myth - the one that tells the …
Our new weekly post - all our comments and views summarized and reviewed on a Monday morning. Every week we will summarize our thoughts from the previous week, employing the following format; What we thought (going into the week), What happened (during the week) and What changed for us. Enjoy..................................... What we thought After a …
With only hours (well dozens of them) left before the existential Vote on PM May’s Withdrawal Agreement, no surprise it’s becoming “feisty”. However a couple of incredible articles, and letters, seem to be being “ignored” by the press. It seems to me, that when the ex-head of MI6 tells you that the agreement endangers UK National …
Continue reading "Brexit – When James Bond’s old boss talks, you’d better listen"
As we mentioned here, having been a pointless see-saw for 18 months, we now believe the race to the buzzer over the next six months makes Brexit the main theme to watch. Therefore, expect these irregular but frequent updates. Today a couple of crucial new pieces of information appeared. 1 the ECJ has hinted, if …
The Brexit clock ticks down to the last few months and still no way “out” in sight. Despite the optimism that a deal has been done, the political mood sours by the minute. Here we explore the ironic similarity between current events and the scene almost two hundred years before, and look for lessons offered.
It’s nearly 6 yrs since Mario Draghi compared the euro to a bumblebee and uttered “whatever it takes” to calm markets. So was born the Easy Bee, re-opening the credit channel and promoting some semblance of economic growth through out the Eurozone. A success ? Well to win, at first you have to survive. It’s …
My ex-colleage and good friend Ken Leech often recounted that “the story of interest rates is the story of inflation”. Put differently, where inflation goes determines where interest rates go. Today, inflation is considered a mystery. Despite the trillions of dollars poured into the US, European and Japanese economies over the past ten years, inflation is …
Continue reading "Cracking the Genetic Code of Inflation – the future is “metallic gray”"
