Politics and the marketsReports of populism’s death are prematureInvestors have been relieved that Emmanuel Macron looks set to be the next French President. But that doesn’t mean the threat of economic nationalism is overApr 25th 2017
Speculative attackA market-related twist to the Dortmund bombingGerman prosecutors allege a financial motive for the attack on the football club’s busApr 21st 2017
Hard and soft choicesThe markets adjust their Brexit calculationsSterling has risen because investors think a Conservative victory will allow a softer approach to Brexit. But that may not be the right callApr 19th 2017
The nightmare optionWhat if the French second round pits Mélenchon against Le Pen?Markets are just waking up to a new source of political riskApr 11th 2017
Half a LeagueThe security threat to the global economyThe inability to solve geopolitical crises is reminiscent of the League of Nations era and another disturbing parallel with the 1930sApr 6th 2017
War, plague, capital flows and factoriesIs inequality here to stay?Heavy industry may have cemented working class solidarity. The gig economy won’t. And mobile capital makes the issue hard to tackle Apr 1st 2017
Playing for stalemateThe Brexit arguments work for Scotland tooEvery argument Theresa May uses against the EU can be turned against her by Nicola SturgeonMar 28th 2017
Financial regime changeDonald Trump, trade and the new world orderMight the Trump administration usher in a new era for international finance?Mar 22nd 2017
Can't tax, won't taxThe hole in Western financesThere is a persistent shortfall between revenues and spending and it may get worseMar 16th 2017
Economics and democracyThe hounding of Owen JonesThe latest indication of a disturbing trend to quash debate and erode trust. And trust is vital for a society and economy to function properlyMar 13th 2017
Interpreting BrexitThe ouija-board theory of democracyReferendums pose general questions, from which people can (or should) not draw specific inferences. That is why we need elected representativesMar 8th 2017
The post-2016 world orderWho will lose when globalisation retreats?Globalisation has retreated before. The results were disastrousMar 2nd 2017
Watch Janet, not DonaldHow quickly will the Federal Reserve tighten?The markets will have to start focusing on monetary policy againMar 1st 2017
The big switchoverWilliam Jennings Trump and the monetary eliteSuspicion of eastern elites and the impact of monetary policy has switched parties since 1896 Feb 27th 2017