Quit griping and start preparing “I’m sorry Johnny can’t come to school today. I think it’s due to Brexit” Is there any issue, problem or dilemma currently facing the U.K. that can’t be put down to Brexit? It has become very convenient to blame the U.K.’s imminent … [Read more...] about Brexit: The Convenient Truth!
Forty Billion? Forget it!Michel Barnier, the EU’s Chief Negotiator must have had a good chuckle over his croissant and cafe noir yesterday morning as he read that the U.K. is going to offer a settlement of forty billion Euros as compensation for leaving the EU.No matter how stridently the … [Read more...] about Brexit? Not at that Price!
MPC doves flutter.And then there were two! Ian McCafferty and Michael Saunders ploughed a lonely furrow at yesterday's Bank of England Monetary Policy Committee meeting. Andrew Haldane, the Bank’s Chief Economist thought better of his threat to vote for a hike and “new girl” Silvana Tenreyro … [Read more...] about Back to square one.
All good things come to an endIt is human nature to look under the bed for imagined terrors or subscribe to a view that if something is labelled too good to be true it usually is!So how do we view a currency that is rising almost in a straight line by default? Obviously with suspicion! The … [Read more...] about Serenity calms Euro but for how long?
Guess what? Donald is Unpopular!President Trump has the lowest approval rating of any President during their first six months in office. Hardly a surprise I hear you saying. But wait, his rating is 38%. That means that 38% of those surveyed think he is doing a decent job. It is hard to … [Read more...] about Where will it end?
Trump Presidency reaches new level of crazy!American cabinet members how have a “life expectancy” of just a little longer than kamikaze pilots and need a similar outlook on life!It has been written so many times that Trump is trying and failing to “run” America in the same way as he runs his … [Read more...] about What’s Going On?
Roll-up, Roll-up It's the Tory Derby!It’s supposed to be summer! We should all be lying on the beach soaking up the sun and recharging our batteries for the battles to come.Instead, as widely expected, U.K. Conservatives are lining up to de-throne their leader and Donald Trump is making a … [Read more...] about Politics or Economy? You Choose!
As summer arrives and holidays begin, this plaintive cry will be heard from the back seat of many cars. It could also be attributed to Michel Barnier, Chief EU Brexit negotiator!Brexit, MPC and Politics; U.K. on the ropes.The U.K. is struggling with several headwinds yet the pound could … [Read more...] about Are we there yet?
U.K. growth brings MPC dilemmaAn “ill wind blows nobody any good”, so says the proverb.That is certainly true of the preliminary Q2 growth data which was released in the U.K. yesterday. The economy apparently grew at, a snail's paced, 0.3% in the period from April to June. This is an … [Read more...] about An Ill Wind.
Johnson Davis and Fox “talking up” the U.K. A cynic may say that the three of the more hawkish Brexit proponents, who are also prime candidates if (or maybe when) Theresa May departs her role as Prime Minister, being overseas at the same time means they can claim innocence should the … [Read more...] about The Three Brexiteers on tour.