As tension over trade ratchets up around the world, it is common to try to remind US policymakers that trade is not a “zero-sum” game. On the...
We are all prisoners of our own experience. For me and the people of my generation who now tend to make the key decisions in finance and investment,...
War: could it be good for your wealth? During a long, hot summer of ever stronger rhetoric between North Korea and the US, and wider talk about a...
A re-emergence is under way. The US election thwarted a promising recovery for emerging market equities, after a long bear market. They sold off...
Behold the bonfire of the certainties. In combination with June’s Brexit vote, the political reaction that many assumed would hit in 2009 has...
This is a Long View that you may well be able to ignore in three days' time. What exactly will be the short- and long-term market repercussions of a...
When in doubt, the British blame a Frenchman. François Hollande, France’s president, heads the narrative around the flash crash in the...
We cannot move on. It is now eight years since Lehman Brothers went bankrupt, as I reminded readers last week. The flood of feedback proved, if...
Markets are extravagantly confident that brokers are too bearish, and that their profit forecasts for US companies are too low. The multiple of 18...
Have equity markets escaped the bears yet again? Global stocks started 2016 with a swift fall of more than 10 per cent — the worst start to a...