Nobody puts sterling in the corner

The story for September remains mundanely similar as for much of the year. Global political noise is barely being acknowledged by capital markets; central banks attempt to signal the way higher for rates without spooking the market; the global economy continues to bump along. Despite an increasingly aggressive stance from North Korea, a destructive hurricane … Continue reading “Nobody puts sterling in the corner”

The art of the deal and tax cuts for the US

President Trump promised the USA the art of the deal when he came to office. He conjured a view of a successful businessman cutting a better deal for working America, with a new approach to trade, tax, infrastructure spending and the rest to promote a more prosperous country. Seven months on, some are asking if … Continue reading “The art of the deal and tax cuts for the US”

Has unconventional monetary policy had its day?

“People will always try to stop you doing the right thing if it’s unconventional,” so said Warren Buffett in an interview for Time magazine in 2008.  Buffett wasn’t referring to monetary policy specifically, but there’s some truth in his adage if we apply it to the more controversial tools that central banks have used since … Continue reading “Has unconventional monetary policy had its day?”

Should investors worry about Syria and North Korea?

The aircraft carrier USS Vinson is being sent close to North Korea with a ballistic missile cruiser and two ballistic missile destroyers in attendance. The Korean peninsula sits uneasily between China and Japan, adjacent to Beijing and Tokyo.   As President Xi of China and President Trump sat down to dinner last week, two different … Continue reading “Should investors worry about Syria and North Korea?”