IT COULD BE WORSE

Last week we learned that the UK has fallen into a second recession. Growth over the first three months of this year was -0.2% which … Read More ›

April 30, 2012

INFLATION IS BACK FOR GOOD

Investors continue to have some strange obsessions when assessing the outlook for growth, inflation and resulting US policy responses. Ben Bernanke’s fairly anodyne comments in … Read More ›

April 3, 2012