on January 19, 2017

“Will economists start to consider demographics when making their forecasts and developing government policies?” This was the question on my mind at a recent...

READ MORE »
on January 16, 2017

Oil prices, and those of natural gas, have been on a wild ride over the past year, as the chart confirms.  It shows US...

READ MORE »
on January 12, 2017

Corporate debt in the Emerging Markets highlights the impact of the Great Reckoning, with the US dollar and interest rates rising, as I describe...

READ MORE »
on January 9, 2017

It is hard to be optimistic about the outlook for 2017. The good news is that policymakers are finally giving up on the idea that...

READ MORE »
on January 5, 2017

“Consensus wisdom” is a handy way of keeping up with events.  Nobody likes to be the person who says “I don’t know” when the...

READ MORE »
on January 2, 2017

If you have a spare 2 minutes today, or later, you might like to view this extract from President Kennedy’s Inauguration speech on January...

READ MORE »
on December 30, 2016

The Financial Times kindly prints my letter this morning on pricing policies for polyethylene. Sir, Conspiracy theories are always good fun, and Robert Bateman’s...

READ MORE »
on December 30, 2016

2016 saw the Great Reckoning for the failure of stimulus policies begin to impact companies and markets. The blog’s readership has increased significantly as...

READ MORE »
on December 28, 2016

2016 saw the start of the Great Reckoning for the failure of stimulus policies. Political and social issues are now beginning to dominate the...

READ MORE »
on December 21, 2016

Last year it was the oil price fall.  This year, there is no doubt that the US dollar has taken centre stage, alongside the...

READ MORE »