Markets

An Open Letter to the Chancellor

4th January 2021 Godfrey Bloom 0

Dear Chancellor, Fiscal Discipline The government reaction to the Coronavirus pandemic hypothesis has bordered on hysterical, but we are where we are & the unprecedented national debt is estimated at over two & one half [more…]

Some Unseasonal Reflections on Money

21st December 2020 Emile Woolf 0

Several comments and questions on my last essay deserve a thoughtful response, which is the theme of today’s essay. You may recall its references to today’s dependency culture – the “expectation syndrome” that fuels the [more…]

US election: Red flags for investors, part 1

22nd October 2020 Going Postal 0

The implications of the upcoming US election are obviously very important not just for American citizens, investors and ordinary savers, but for the rest of the world too. Economic, fiscal and monetary developments and trends [more…]

Where we are – and where we might have been

13th October 2020 Emile Woolf 0

More than six months have elapsed since the devastating lockdown measures were first imposed on the nation, since when we have been shrouded in a fog of confusion and ineptitude. The authorities may have been [more…]

“The U.S. economy felt like a balloon in search of a needle” – Part II

5th October 2020 Going Postal 0

Interview with Robert Mark Claudio Grass (CG): In this surreal policy environment, how has the role and the investment process of the value investor evolved, especially over the last decade? How can one still identify value [more…]

“The U.S. economy felt like a balloon in search of a needle” – Part I

28th September 2020 Going Postal 0

Interview with Robert Mark As we move deeper and deeper into this covid crisis, more and more people understand that there’s a lot more to fear besides the disease itself. As the economic impact and [more…]

You cannot print your way to prosperity – Part II

21st September 2020 Going Postal 0

Interview with Theodore Deden Claudio Grass (CG): Looking at the damage inflicted upon supply chains, production facilities and global trade in particular, how quickly could these operations snap back even if all COVID-related restrictions were [more…]

You cannot print your way to prosperity – Part I

14th September 2020 Going Postal 0

Interview with Theodore Deden There might be a lot of conflicting opinions and disagreement these days about the right way to get out of this current crisis and to rebuild our economy and our society. [more…]

Basic Principles: More Than Meets The Eye

24th August 2020 Emile Woolf 0

Every primer on economics cites the familiar factors of production, land, labour and capital, as prerequisites for productive activity. Sometimes entrepreneurship is added to represent the gifted brain who brings the other three together in [more…]