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

An appraisal of the fundamental reasons for buying gold

The outlook for gold in the context of its long-term price trend

Retail investors cannot be adequately protected until the fundamental similarity between investing and gambling is recognised

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?

The Magic of Fractional Reserve Banking

In the interests of complete openness...

There is a remarkably simple test for whether something has intrinsic value

How does one value crypto's poster child?

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

Be careful what you wish for

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

Signs point to the start of a bond bear market Since their peak on 4 August 2020, long duration Treasuries are down 40% in real terms....

There is a widespread misunderstanding about inflation-linked bonds, namely that they protect against inflation. They don't. At least not...

There is no correct answer to this question - other than that before 1973, none of it! - as it is impossible to separate out effects of...

At the time of writing, global equities are up around 17% in US dollars year to date. Sterling weakness has added a further 3 percentage...

There is no bigger question for investors currently than where UK consumer price inflation is headed in the medium term.

In a recent op-ed, IMF chief economist Gita Gopinath noted that: “For the first time, in 60% of the global economy – including 97% of...

Our ancestor who made the first stone tool, perhaps as long as three million years ago, set in motion one of the most enduring of...