China was the “saviour “of the global economy after the financial Crisis of 2008. Its massive stimulus was worth over $10tn from 2009 to 2014 – half of the total amount. But now China’s …
5 years ago, the Swiss food company Nestlé forgot everything it had ever learnt about emerging markets, and suddenly decided that Africa was just about to become ‘middle class’ by Western standards. Now it …
Credibility is hard to gain. And once gone, it is very hard to regain. That is the challenge facing the US Federal Reserve today. The New York Times is just one of the mainstream …
We seem to be approaching Stage 2 of the Great Unwinding of policymaker stimulus, as the economic implications of demographic change become ever stronger. The combination of today’s ageing populations with the collapse in fertility rates means …
Greek auto sales have been racing ahead in recent weeks. They are up 16% so far this year, as people seek ways to protect their money in the event of Greece leaving the euro. …
Whisper it quietly to your friends in the futures markets, who are convinced oil prices will soon surge higher. We don’t want to upset them as they work at their spreadsheets, and send their …