Growth, debt and the Titanic…
I was reminded recently that on 14 April it was the anniversary of the Titanic hitting the iceberg, in 1912. Had it hit it head-on, it would not have sunk. Are there analogies here for President Donald Trump’s tariff announcements…?
This is either the fact that 90% of the problem isn’t obvious or maybe that...
‘Low key’ Spring Statement contained few surprises
The Chancellor’s Spring Statement did not contain a great deal we hadn’t already heard and no immediate prospects for economic growth.
In a relatively low key affair, Rachel Reeves set out her latest update on the economy and restated plans to cut the welfare budget as well as making cuts to Government departments, as we...
Off-piste, risk and the economy
Having grabbed a week to visit Chamonix and on one day to travel up to Aiguille du Midi (3,842 metres) to view Mont Blanc (4,805metres), gave me an opportunity to see ‘risk’ in a different context. The height, the highest I have ever been excluding flights, puts risk in a different perspective altogether
The engineering...
Trump tariffs and market wobbles
We woke to face the reverberations from the threatened tariffs against Canada and Mexico by President Trump, amongst others and the EU and possibly the UK next. The markets are wobbling and the Dollar strengthening as it is feared the US will have to raise interest rates to support its policies as well as...
UK rise and Nvidia flying dangerously?
So after a useful catch-up, the UK market has pushed past France to regain top spot in European markets in capitalisation terms. That is also partly following the poorly-received election announcement by M. Macron. However, it should never have lost its status...
Inflation comes back-in to descend to the Prime Minister’s target of 2% (well...
Markets, investments and taxes
Good afternoon. Well, the UK market is progressing comfortably whilst the US has slipped-back. Our clients’ 5 April reports will be landing on door mats imminently and it is pleasing to note that generally gentle progress has continued since then.
BHP makes an audacious bid for UK-quoted Anglo American, owner of DeBeers amongst other mining...