The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Consumer sentiment and confidence indicators in the US, Eurozone, and UK point to grim days ahead

The definition of a recession as two consecutive quarters of negative growth is flawed

It's easy to make predictions but making them useful is another thing all together

An appraisal of the fundamental reasons for buying gold

The developed world has had it good for too long

Why should the QE of the last 15 years be causing inflation only now?

Perhaps quantitative easing was inflationary after all

How credible is the message from central banks that they can and will bring down inflation?

If nobody mentions excessive fiscal spending, did it ever happen?

The Magic of Fractional Reserve Banking

In the interests of complete openness...

It's not about cycles and trends, but pattern and randomness

The combination of central bank weakness and fiscal policy error is a toxic one

Be careful what you wish for

US treasury secretary Janet Yellen is losing her credibility

Lazy advisers who put clients into bonds should face the music in court

A look at the last hundred years of US fiscal and monetary policy

It is important that governments are honest about what is causing inflation

Winter of '69 I see little sign of such honesty and humility today which is concerning to say the least.

There is little consensus currently about how weak the UK economy will get in the next year or two as a result of the prevailing high...