The litmus test for the global economy

US tax cuts will fail as Trump’s demographic deficit replaces Reagan’s demographic dividend

No country in the world now has a top quality pension system.  That’s the conclusion from the latest Report by pensions consultants Melbourne Mercer.  As the chart above shows: Denmark and The Netherlands have fallen out of the top category In the G7 wealthy nations: Canada is in category B; Germany and UK in C+; […]

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Trump’s healthcare focus risks postponement of tax reform and the infrastructure boost

President Trump ran for office on the basis that he would “drain the swamp” in Washington, and deliver major change in a number of critical areas, as I noted immediately after his election on 14 November.  Sensibly, his “Contract with America” also recognised that his Top 10 legislative priorities would take time to deliver: “I […]

Political risk rises as Trump sets out to change America’s relationship with the world

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 20, 1961.  The words are powerful in themselves, but the applause of the crowd as they warm to their new President makes it a very special address. It marks the moment […]