People to avoid at Parties No. 86 Someone who actually knows what an inverted yield curve is

Yup – it doesn’t rank as the most enthralling of topics, but there are some folks who are obsessed by it. Now if they work in the investment/economic milieu there may be an excuse for that, but if they are in the real world, it may be time to seek help.   Why does itContinue reading “People to avoid at Parties No. 86 Someone who actually knows what an inverted yield curve is”

“Neeeaaaoorgheee!”

Tommy Tiernan has a brilliant piece where he discusses the global debt situation. It’s not a typical topic in stand-up comedy and well worth a look on YouTube.   https://youtu.be/E8DfCzOS1lE   He says we all owe – Germany owes billions of gazzillions, while England owes trillions of willions of billions and as for the USContinue reading ““Neeeaaaoorgheee!””

Laundry List

We are smack bang in the middle of the “market outlook 2019” season. Despite the fact that economic and market fundamentals don’t really recognise the Gregorian calendar, economists, strategists, commentators et al, rush to give their views on what the next 12 months holds – usually conveniently forgetting what they may have said at theContinue reading “Laundry List”

The Central Bankers’ Christmas Party

‘Twas the night before Christmas And all through the Central Bankers’ house The governors were snuggled up and fast asleep With no more interest rates left to announce   The up piped young Mark Carney “This is all too quiet, I say Let’s have a Central Bankers’ party For tomorrow is Christmas Day!”   SoContinue reading “The Central Bankers’ Christmas Party”