Have supermarket loyalty cards contributed to UK stagflation ?
Loyalty cards have been a big marketing success for UK supermarkets. 97% of shoppers have at least one and they offer big discounts on selected goods.
Will the bond market vigilantes hit Equities?
Many analysts of my age are thinking back to the 1970s and 1980s when the US authorities lost control of both inflation and the budget deficit.
Stagflation (UK), Stagnation (Europe) and Goldilocks (US) – What could possibly go wrong?
Stagflation in the UK, stagnation in Europe and goldilocks in the US. This week, we’ll look at what this means and ask where consensus might be wrong.
Closing Bell 2024 : ‘Immaculate disinflation’ and the ‘Magnificent Seven’
US mega-cap tech stocks drove strong equity returns whereas bonds had a largely dull year. Is the stage set for continued US outperformance in 2025?
Is the UK heading for recession?
There has been a major decline in optimism about UK economic prospects in recent months.
Consolidate with caution – Too much focus on scale could come at the expense of innovation
Chancellor Rachel Reeves is right to identify excessive risk aversion as a critical issue in UK pensions. Her solution is consolidation, but while boosting scale this way is helpful, it is no magic wand.
The US under the new President: four good years or four bad?
It is no exaggeration to say that financial markets and governments across the world have greeted the clean sweep by Republicans in the US elections with some nervousness.
Lifestyling: the Achilles heel in DC pensions
Why too much derisking – the accepted orthodoxy in UK defined contribution pensions – is a bad thing.
Will trade wars end the Equity Bull market?
Assessing the impact of Trump-era trade tariffs.
Britain’s big Budget – will it work?
The sheer scale of the fiscal changes in the recent budget were surprising, and confirmed growing fears around tax rises. But might UK businesses respond by boosting productivity?
