Well, Yes, Obviously Mr. Dalio – The Fed Raising Interest Rates Should Impact Asset...
This is not the most remarkable observation of all time by Ray Dalio, that the Federal Reserve interest rate rises are reducing asset prices....
A Piece of Cake – Mike Ashley Chases Patisserie Valerie
We’ve into a compare and contrast story here in these Sceptre’d Isles. But first an incy-wincy bit of background. As you will recall, Tim’s...
Hosting A Supranational Kegger
I once saw a towering drunken meathead lose his rag in a pub when denied service and throw every item on the bar into...
People Are Worrying Far Too Much About Corporation Tax
This idea of a digital tax to replace corporation tax is a bad one. Simply because corporation tax itself is a bad tax. The...
Sure, Markets Get A Bit Excited – Isn’t That Good?
It's a pretty standard complaint about financial markets that they get overexcited about the New Big Thing. Everyone piles into the fashionable and this...
A Tad Stalinist – John McDonnell Insists Ex-Lehman Staff Can’t Have An Anniversary Party
We've always known that John McDonnell has more than a touch of the authoritarian about him. But this is merging into a full blown...
Beware Open Ended Funds With An Illiquid Underlying
A classic liquidity mismatch
We should all know that there's an inherent problem with fractional reserve banking, after all, it was explained back in It's...
IMF Warns That Regulation’s Great – As Long As Banks Don’t Escape It
It does rather depend upon who you read here over the IMF's latest warnings about debt, the next downturn and the final crumbling of...
The Concept Of Kitchen Sinking
Boeing's results are just coming up and the question is, well, how much is the new CEO going to insist upon as provisions against...
Cybercopter Money
Do governments benefit from inflation?
Or more pointedly, do heavily-indebted governments benefit from their debts getting easier to service?
Do they stand to gain from borrowing...





