on June 29, 2015

Will Greece default on its debt, and what would be the impact if it did? How long before oil prices return to their historical...

READ MORE »
on June 29, 2015

This morning, Greece introduced capital controls.  People can only withdraw €60/day ($65) from their bank accounts.  The government has also called a referendum on...

READ MORE »
on June 26, 2015

It seems hard to imagine that the blog has now been running for 8 years. Today’s post is the 2195th to be published since...

READ MORE »
on June 25, 2015

This time last year, it was still possible to believe that sales in the world’s Tier 2 auto markets were on an upward trend:...

READ MORE »
on June 24, 2015

Its not all fun being part of the US millennial generation (those born between 1980 – 2000).  They number 80 million, about the same...

READ MORE »
on June 23, 2015

China was the “saviour “of the global economy after the financial Crisis of 2008.  Its massive stimulus was worth over $10tn from 2009 to...

READ MORE »
on June 23, 2015

5 years ago, the Swiss food company Nestlé forgot everything it had ever learnt about emerging markets, and suddenly decided that Africa was just...

READ MORE »
on June 22, 2015

Credibility is hard to gain.  And once gone, it is very hard to regain.  That is the challenge facing the US Federal Reserve today....

READ MORE »
on June 19, 2015

We seem to be approaching Stage 2 of the Great Unwinding of policymaker stimulus, as the economic implications of demographic change become ever stronger. The combination of...

READ MORE »
on June 18, 2015

Greek auto sales have been racing ahead in recent weeks.  They are up 16% so far this year, as people seek ways to protect...

READ MORE »