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

May 31, 20193 min read

An Unwelcome Comeback

In last month’s column I wrote about the yield curve – the difference between long-term and short-term interest rates – and how its...

Apr 30, 20185 min read

Secular Stagnation? Or the Optimistic View?

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Since the Great...

Jul 31, 20163 min read

Secular Stagnation and the Natural Rate of Interest

One of the most interesting features of global financial markets over the last 20 years has been the inexorable decline in long-term real...

Jun 30, 20166 min read

Key Questions in the Aftermath of the Brexit Vote to Leave

There is much that can be written about the referendum result. Indeed, much already has been. I shall try to keep this simple and focus...

Where's My Cycle?

An update on where I think we are in the business cycle with respect to growth, inflation and markets

Correlation or causation?

Data is too often presented in an unfair, unclear and misleading way

Dear John

Liontrust's John Husselbee's arguments in support of balanced funds are lame

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