21 February 2020 Concerns about the impact of immigration on jobs, wages, public services, and national identity played a huge role in the United Kingdom's decision to leave the European Union. Unschackled by the EU's freedom of labour movement requirement, Prime Minister Boris Johnson's government unveiled its long-awaited immigration proposal. In practical terms, the new [...]
11 October 2019 Understandably, perhaps, Brexit fatigue is widespread. However, the issues at stake are far too important to allow the outcome to be decided simply because of weariness. Not only are the economic implications significant, but the result will define the relationship between the UK executive government, the Parliament, the courts, and the electorate [...]
5 September 2019 Concerns about the impact of immigration was a major factor in the United Kingdom's Brexit decision. Likewise, the issue will surely feature in upcoming US Presidential campaigns. To be sure, it is an emotive topic: raising issues of cultural identity, public finances, and the impact on local labour markets. The large-scale international [...]
12 July 2019 Global equity markets are at (or approaching) all-time highs. What's not to like? In particular, the US market has been buoyed by the Sino-US trade truce achieved at the Tokyo G20 meeting, the prospect of Federal Reserve interest rate cuts, and solid employment gains. Indeed, our year-end 2019 S&P 500 target of [...]